Mr Nailor Invests $5,000 in a Money Market Account at His

question 54

Multiple Choice

Mr. Nailor invests $5,000 in a money market account at his local bank. He receives annual interest of 8% compounded for four years. How much total return will his investment earn during this time period?

• A) $3,675
• B) $1,800
• C) $6,254
• D) $8,570

---

Definitions:

Customer Relationship Management

The practice of managing a company’s interactions with current and potential customers, often using data analysis about customers' history to improve business relationships.

Software Similarities

The characteristics or features that make different software applications appear alike or function in comparable ways.

Cross-chain Visibility

The ability to view and track a product or component across multiple stages and entities within the supply chain.

Real-time Information

Data that is available immediately after collection, with no delay in the timeliness of the information provided.