At an Annual Interest Rate of 7%,the Future Value of $5000

question 50

Multiple Choice

At an annual interest rate of 7%,the future value of $5000 in five years is closest to:

• A)$3565.
• B)$6750.
• C)$7015.
• D)$7035.

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Definitions:

Union Avoidance

Strategies and practices employed by companies to prevent the formation or successful operation of labor unions within their organizations.

Organizing Model

A strategy used by labor unions that focuses on grassroots mobilization and empowering workers to advocate for their own rights and interests.

Union Representation

The act of labor unions representing workers in negotiations with employers regarding wages, working conditions, and other employment terms.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a federation of unions that collectively represent more than 12 million workers in the United States.