What Amount of Cash Would Result at the End of One

question 46

Multiple Choice

What amount of cash would result at the end of one year,if $15,000 is invested today and the rate of return is 8%?

• A) $16,200
• B) $13,889
• C) $15,000
• D) $1,200

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Definitions:

Reverse Fault

A fault in which the hanging wall moves up relative to the footwall.

Joint

A fracture in a rock where the rock has been pulled apart slightly without significant displacement parallel to the fracture.

Anticlines

Upward folds or arches of rock layers, often associated with oil and natural gas deposits.

Synclines

Geological folds that dip towards each other from opposite sides, often forming a trough-like structure.