What Is the Future Value of $450 at an Interest

question 183

Multiple Choice

What is the future value of $450 at an interest rate of 9 percent two years from today?

• A)$534.65
• B)$546.35
• C)$565.18
• D)$574.13

---

Definitions:

Qualified People

Qualified people are individuals who possess the necessary skills, knowledge, and credentials to perform a specific task or role effectively.

Own Business

The ownership and management of a commercial enterprise by an individual or group.

Approximately 50 People

An estimation suggesting that the number of individuals involved or in question is around fifty.

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on enhancing their contributions to the success of the organization.