You Set Up a College Fund in Which You Pay

question 27

Multiple Choice

You set up a college fund in which you pay $2,000 each year at the end of the year.How much money will you have accumulated in the fund after 18 years,if your fund earns 7% compounded annually?

• A) $72,757.93
• B) $67,998.07
• C) $20,118.17
• D) $28,339.25

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Definitions:

Workflows

The sequence of processes through which a piece of work passes from initiation to completion in a business or operational setting.

Win-Lose Conflict

A conflict resolution outcome where one party's gain is the other's loss, implying a competitive or adversarial approach.

Conflict Management

involves strategies and practices for controlling and addressing disputes and disagreements in a constructive manner within an organization or team.

Lose-Lose Conflict

A situation in conflict resolution where no party achieves their desired outcomes, and may all end up worse off than before the conflict.