Suppose the Parents of a Child Born in the Year

question 117

Multiple Choice

Suppose the parents of a child born in the year 2000 had invested $5,000 at a 10% interest rate to be paid out to the child when she turns 21 years old.Approximately how many times will the investment double by the time it is paid out to the child?

• A)2 times
• B)3 times
• C)4 times
• D)8 times

---

Definitions:

Dual Concerns Model

A theoretical framework in conflict resolution that assesses parties’ concerns regarding their own outcomes and the outcomes of others.

Cooperativeness Dimension

An aspect of negotiation that measures the extent to which a party is willing to work with the other side to find a mutually beneficial outcome.

Assertiveness Dimension

A behavioral trait that involves confidently expressing one’s opinions and needs directly and respectfully.

Repeat Business

The act of a customer returning to purchase additional goods or services from a business, often seen as a sign of satisfaction and loyalty.