You Have $5000 Invested in a 30-Day Savings Certificate at an Interest

question 70

Multiple Choice

You have $5000 invested in a 30-day savings certificate at an interest rate of 1.00%. How much money will you have when the certificate matures?

• A) $5004.11
• B) $5040.11
• C) $5400.11
• D) $4.11
• E) $4500.11

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Definitions:

Results-oriented

Focused on achieving specific outcomes or goals rather than on the process used to achieve those outcomes.

Utilitarian View

A view of ethical behaviour that holds that ethical behaviour delivers the greatest good to the most people.

Moral Principles

Fundamental beliefs about what is right, wrong, ethical, or unethical, guiding individuals' behavior and decision-making.

Ethical Behavior

Conduct that is morally upright, honest, and aligned with accepted principles of right and wrong in a professional and personal context.