Use the Tables to Determine the Answers to the Following

question 48

Essay

Use the tables to determine the answers to the following:
(1)How much must be invested now for 5 periods at 6% to amount to $15,000?
(2)How much is $3,000 invested now at 8% in 8 periods worth?
(3)How much is $25,000 compounded semi-annually at 12% for 4 years?

---

Definitions:

Grocery Checker

An employee in a grocery store responsible for scanning and checking out customers' purchases at the cashier.

Programmed Instruction

An educational technique that uses self-learning materials and practices to teach new skills or concepts.

Organizational Orientation

A process or initiative designed to acquaint new employees with the company's culture, values, and practices.

Human Resources Department

An organizational unit that focuses on recruiting, managing, and directing people in an organization, including overseeing various aspects of employment, such as compliance with labor law and employment standards.