Faisal Has $15,000 in His Savings Account and Can Save

question 50

Multiple Choice

Faisal has $15,000 in his savings account and can save an additional $5000 per year.If interest rates are 12%,how long will it take his savings to grow to $50,000?

• A) years
• B)3 years
• C) years
• D)5 years
• E)4 years

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Definitions:

Workforce-focused

Pertaining to strategies, policies, or practices that are centered on the workforce, aiming to improve employee satisfaction, skill development, and productivity.

Leadership Development

A systematic approach to expanding the leadership abilities and skills of individuals within an organization or team.

Absenteeism

The habitual non-presence of an employee at their job, which can be habitual or intentional, typically without a good reason.

Customer Satisfaction

A measure of how products or services meet or surpass customer expectations, an important factor in maintaining and growing customer relationships.