Mary's Goal Is to Have Saving of $1,200 in One

question 164

Multiple Choice

Mary's goal is to have saving of $1,200 in one year's time.The current interest rate is 4%.
Mary has to save ______ now to achieve this goal.If the interest rate was to change to 2%,she would have to save _______.

• A) $1,154;$1,224
• B) $1,176;$1,154
• C) $1,154;$1,176
• D) $1,248;$1,224
• E) $1,154;$1,248

---

Definitions:

Retrieval Bar

A user interface element or tool used to fetch or search for specific data or records within a software application.

Ad Hoc Relationship

A temporary or unstructured connection between entities, often formed for a specific purpose or project without a long-term commitment.

Top-Values Query

A query that returns only the top number or percentage of records that meet the specified criteria.

Design Tab

A section in software applications that contains tools and options for adjusting the layout, format, or design of a document or presentation.