How Much Must You Deposit at the End of Each

question 45

Multiple Choice

How much must you deposit at the end of each of the next 10 years in a savings account paying 5% annually in order to have $10,000 saved by the end of the 10th year?

• A) $1,000
• B) $1,638
• C) $1,500
• D) $795

---

Definitions:

Stockouts

Occur when an item is not in stock and unavailable for sale at the moment, potentially causing lost sales and customer dissatisfaction.

New-Product Development

The process of designing, creating, and bringing a new product or service to the market.

Cross-Docking

A logistics procedure where products received at a warehouse or distribution center are not stored but instead directly transferred from one truck to another, minimizing storage time and costs.

In-Process Inventory

Items or materials that are currently being worked on or processed in a manufacturing or production environment.