You Want to Have $100,000 in Five Years

question 122

Multiple Choice

You want to have $100,000 in five years.If the interest rate is 8 percent,about how much do you need to have today?

• A)$66,225.25
• B)$67,556.42
• C)$68,058.32
• D)$71,428.57

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Definitions:

Sequential Interview

A hiring process in which a candidate undergoes multiple interviews in a sequence, typically with various interviewers or departments.

Interview Fears

Anxiety or nervousness experienced before or during an interview, often stemming from the fear of underperformance or rejection.

Company's Employees

are individuals who work for a business or organization and contribute to its objectives through their labor and expertise.

Direct Eye Contact

The action of looking directly into another person's eyes, which is often interpreted as a sign of confidence and honesty.