The Future Value of $50,000 Deposited Today and Compounded Quarterly

question 90

Multiple Choice

The future value of $50,000 deposited today and compounded quarterly at an 8% annual interest rate for seven years is

• A) $57,434.
• B) $87,051.
• C) $85,691.
• D) $78,000.

Understand the legal implications and possible actions when local governments use their powers to regulate businesses.

Recognize the increasing prevalence and significance of contracts requiring arbitration.

Discern the authority and limitations of administrative tribunals and their relation to judicial review.

Understand the essentials of negotiation and its role in enhancing business relationships.

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Definitions:

American Agriculture

The sector of the US economy that deals with the production, processing, and distribution of food, fiber, and products derived from plants and animals.

Labor Force

Persons 16 years of age and older who are not in institutions and who are employed or are unemployed and seeking work.

Employed

refers to individuals who are currently working for pay or profit, or are engaged in any activity that generates income.

Agriculture

The practice of cultivating plants and livestock to produce food, fiber, medicinal plants, and other products to sustain life.