If $15,000 Is Invested Annually in an Account with 9

question 89

Multiple Choice

If $15,000 is invested annually in an account with 9% interest compounding yearly, what will the balance of the account be after five years? Refer to the following Future Value table: Future value of annuity of $1:
$$\begin{array} { | l | l | l | l | } \hline & { 7 \% } &{ 8 \% } &{ 9 \% } \\\hline 1 & 0.935 & 0.926 & 0.917 \\\hline 2 & 1.808 & 1.783 & 1.759 \\\hline 3 & 2.624 & 2.577 & 2.531 \\\hline 4 & 3.387 & 3.312 & 3.24 \\\hline 5 & 4.1 & 3.993 & 3.89 \\\hline 6 & 4.767 & 4.623 & 4.486 \\\hline 7 & 5.389 & 5.206 & 5.033 \\\hline\end{array}$$

• A) $26,180
• B) $26,211
• C) $58,350
• D) $25,125

Understand the ethical considerations in studying human behavior, including informed consent and the impact of researcher involvement.

Apply Lewin's Field Theory to analyze individual behavior changes within groups.

Distinguish between experimental and non-experimental research designs and their implications for causation.

Analyze the factors that contribute to group cohesiveness and performance.

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Definitions:

Organizational Communities

Refers to groups or networks within a larger organization that share common goals, practices, or interests.

Employment Volatility

The fluctuation in employment stability within a labor market, often influenced by economic conditions, industry trends, and company performance.

Probing Teams

Specialized groups formed within an organization to investigate specific issues, challenges, or opportunities, and propose solutions.

Operational Characteristic

Pertains to the specific features or properties that define the functioning and performance of a system, process, or team.