What Is the Formula You Should Use to Determine a Bank

question 81

Multiple Choice

What is the formula you should use to determine a bank account's future value in one year?

• A)Future value equals the present value plus the rate of interest.
• B)Future value equals the present value minus the rate of interest.
• C)Future value equals the present value multiplied by one plus the rate of interest in decimals.
• D)Future value equals the present value divided by one plus the rate of interest in decimals.

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Definitions:

Aggression

Any form of behavior directed towards the goal of harming or injuring another living being who is motivated to avoid such treatment.

Child Abuse

Any act by a caregiver or parent that results in harm or potential harm to a child, including physical, emotional, sexual abuse, or neglect.

Abusive Parents

Parents who engage in behaviors that cause physical, emotional, sexual, or psychological harm to their children.

Altruism

The selfless concern for the well-being of others, often manifesting in actions taken for the benefit of someone else at one's own expense.