What Is the Future Value of $1,000 Deposited for One

question 102

Multiple Choice

What is the future value of $1,000 deposited for one year earning 5 percent interest rate annually?

• A) $1,000
• B) $1,005
• C) $1,050
• D) $2,050

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Definitions:

Negative Feelings

Unpleasant or harmful emotions such as sadness, anger, or fear, which can affect an individual's mental health and well-being.

Group's Composition

The makeup or structure of a group, including the number of members, their roles, demographics, and how they interact.

Heterogeneous Group

A group comprised of individuals with varied characteristics, backgrounds, experiences, or qualities.

Open Format

a structure that allows for flexibility and adaptation, often in the context of meetings, events, or documents.