Which of the Following Is the Largest

question 174

Multiple Choice

Which of the following is the largest?

• A)the future value of $250 with 3% interest for 2 years
• B)the future value of $250 at 2% interest for 3 years
• C)the present value of $250 to be paid in two years when the interest rate is 3%
• D)the present value of $250 to be paid in three years when the interest rate is 2%

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Definitions:

Liberal Party

A political party that generally advocates for policies promoting social welfare, individual rights, and government intervention in the economy to promote social justice.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Carpooling

The practice of sharing a car ride with one or more people, usually to reduce commuting costs, traffic congestion, and carbon emissions.

NDP Candidate

A person nominated to represent the New Democratic Party in an electoral contest.