Which of the Following Has the Highest Future Value

question 161

Multiple Choice

Which of the following has the highest future value?

• A)$100 saved for 2 years at 10 percent interest
• B)$110 saved for 2 years at 9 percent interest
• C)$120 saved for 2 years at 8 percent interest
• D)$130 saved for 2 years at 7 percent interest

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Definitions:

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution to a problem.

Shelf Space

The amount of space available on store shelves allocated to display and sell products.

Sales Per Square Foot

A metric used in retail to measure the amount of revenue generated per square foot of sales space.

Product Quality

The level of excellence of a product, measured by its durability, reliability, and performance against specified standards.