What Is the Future Value of $2,000 Deposited for One

question 55

Multiple Choice

What is the future value of $2,000 deposited for one year earning 6 percent interest rate annually?

• A) $120
• B) $2.000
• C) $2,120
• D) $4,120

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Definitions:

Trend Values

Data points collected over time to analyze patterns, performance, or changes in a system or process for diagnostic and predictive purposes.

Graphic HMI Terminals

Devices that provide an interface for human-machine interaction, displaying graphics and information visually for users to control and monitor machinery or systems.

Continuous Process

A manufacturing or production process that operates non-stop, typically involving fluid or semi-fluid materials, aiming for a steady-state operation.

Product Material

The raw substances or components used in the manufacturing or construction of a product.