Use the Following Timeline to Answer the Question(s)below

question 69

Multiple Choice

Use the following timeline to answer the question(s) below.
0 1 2 3
$600 $1200 $1800
-At an annual interest rate of 7%,the future value of this timeline in year 3 is closest to:

• A)$3295
• B)$3600
• C)$3770
• D)$4035

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Definitions:

Transformational Leadership

A leadership approach that inspires and motivates followers to exceed expectations by focusing on higher ideals and moral values.

Nursery School

An educational institution for young children, typically aged between three and five years, focusing on early childhood development.

Creativity and Persistence

Creativity and persistence involve generating innovative ideas and solutions while persevering in the face of challenges and setbacks to bring those ideas to fruition.

Directive Leadership Style

A leadership approach that involves giving clear and specific instructions, often with close supervision of tasks.