If You Receive $20,000 as a Gift and Invest It

question 15

Multiple Choice

If you receive $20,000 as a gift and invest it at 12% compounded quarterly,how much will you have at the end of three years?

• A)$32,020.60.
• B)$28,515.20.
• C)$22,497.20.
• D)$14,027.60.

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Definitions:

Decertification Election

A process wherein workers vote to remove the representation of an existing union, essentially ending its authority to negotiate on their behalf.

Union Leaders

Individuals elected or appointed to represent and guide a labor union, managing negotiations and strategic decisions on behalf of its members.

Neutral Third Party

An independent entity not involved or favoring any side in a disagreement or dispute, often used to facilitate negotiations or mediate conflicts.

Employer Misconduct

Unethical or illegal actions taken by employers, such as violating labor laws or mistreating employees.