You Receive $2,000 Today Which You Plan to Save for 15

question 123

Multiple Choice

You receive $2,000 today which you plan to save for 15 years.If the interest rate is 4 percent,what is the future value of this $2,000?

• A)$3,494.40
• B)$3,585.85
• C)$3,601.89
• D)$3,676.14

Grasp the concept of causality in survey research.

Learn the principles of effective questionnaire design, including question types and formats.

Understand how to design surveys that address sensitive topics effectively.

Know the problems associated with sampling and how to overcome them.

---

Definitions:

Comparative Advantage

An economic principle that refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.

Rice

A staple grain consumed worldwide, serving as a primary food source for a large portion of the global population.

Pounds

A unit of weight commonly used in the British imperial and United States customary systems, or the currency of the United Kingdom.

Comparative Advantage

The capacity of a being to generate a product or service at a reduced opportunity cost compared to others.