Use This Information to Answer the Following Question

question 173

Multiple Choice

Use this information to answer the following question. A deposit of $5,400 made at the end of each year for three years at a 12% interest rate would grow to how much?

• A) $7,587.00
• B) $18,219.60
• C) $16,200.00
• D) $18,144.00

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Definitions:

Networking

The act of interacting with other individuals or organizations to exchange information and develop professional or social contacts.

Professional Assistance

Expert support or guidance provided to help individuals or businesses achieve specific goals.

Inflexibility

The lack of adaptability or inability to change in response to new information or changing circumstances.

Shopping Center

A complex or area that houses multiple retail stores, restaurants, and other service outlets.