If You Invest $1,000 at the End of Each of the Next

question 20

Multiple Choice

If you invest $1,000 at the end of each of the next 5 years and the investment earns 4% interest, what is the value of the investment at the end of 5 years?
$\begin{array}{|r|l|l|l|l|l|l|}\hline \text {Future}\\\text {Value of an }\\\text { Annuity of }\\\$ 1\\ \hline &4\%&5\%&6\%&7\%&8\%&9\%\\\hline1 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 \\\hline 2& 2.040 & 2.050 & 2.060 & 2.070 & 2.080 & 2.090 \\\hline 3 & 3.129 & 3.153 & 3.184 & 3.215 & 3.246 & 3.278 \\\hline 4 & 4.246 & 4.310 & 4.375 & 4.440 & 4.506 & 4.573 \\\hline 5 & 5.416 & 5.526 & 5.637 & 5.751 & 5.867 & 5.985 \\\hline 6 & 6.63 & 6.80 & 6.97 & 7.153 & 7.336 & 7.523 \\\hline 7 & 7.898 & 8.142 & 8.394 & 8.654 & 8.923 & 9.200 \\\hline 8 & 9.214 & 9.549 & 9.897 & 10.26 & 10.64 & 11.03 \\\hline 9 & 10.58 & 11.03 & 11.49 & 11.98 & 12.49 & 13.02 \\\hline 10 & 12.01 & 12.58 & 13.19 & 13.82 & 14.49 & 15.19 \\\hline\end{array}$

• A) $5,416
• B) $4,310
• C) $5,000
• D) $5,200

Identify benefits and disadvantages of co-leadership in group settings.

Know action, data gathering, facilitating, and assessment skills crucial for group leadership.

Understand classic leadership styles and their application within group settings.

Apply effective communication skills (verbal, nonverbal, focusing, attending, and responding) within a group.

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Definitions:

German Immigrants

Individuals from Germany who have moved to another country to live, often significant in the context of migration patterns and cultural exchanges.

Religious Beliefs

A rephrased definition: The convictions and practices associated with recognizing and worshiping a higher power or deity according to various faith traditions.

Naturalized Citizens

Individuals who were not born in a particular country but have been legally granted citizenship after fulfilling requirements set by that country's laws.

Trade Advantages

Benefits that countries obtain from engaging in international trade, such as increased economic efficiency, access to a wider range of goods and services, and enhanced economic growth.