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

question 43

Multiple Choice

Use the following information to answer the question(s) below.
Your great aunt Matilda put some money in an account for you on the day you were born.This account pays 8% interest per year.On your 21st birthday the account balance was $5033.83.
-The amount of money that your great aunt Matilda originally put in the account is closest to:

• A)$600.
• B)$800.
• C)$1000.
• D)$1200.

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Definitions:

E-Selling

The process of using digital platforms and tools to conduct sales activities, including promoting, selling, and servicing customers online.

Telemarketing Activities

Marketing campaigns conducted over the telephone to sell products or services to potential customers.

Relationship Marketing

A marketing strategy focused on building and maintaining long-term relationships with customers.

Wholesale Meat

The bulk selling and distribution of meat products to retailers, food service establishments, or other businesses, rather than direct to consumers.