You Are Considering Investing in a Bank Account That Pays

question 102

Multiple Choice

You are considering investing in a bank account that pays a nominal annual rate of 7%,compounded monthly.If you invest $3,000 at the end of each month,how many months will it take for your account to grow to $205,000?

• A) 66.91
• B) 68.64
• C) 49.60
• D) 57.68
• E) 65.18

Comprehend the steps involved in the performance management process and its linkage with training and development.

Analyze the factors that influence high-performance work systems.

Identify and justify the costs associated with the instructional systems design (ISD) model steps to senior management.

Differentiate between training and development.

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Definitions:

Sales Presentation

A formal talk or demonstration given by a salesperson to showcase a product or service's features and benefits, aiming to persuade potential buyers.

Nonverbal Signals

Nonverbal signals are forms of communication without words, such as body language, gestures, facial expressions, and tone of voice, which convey feelings or intentions.

Acceptance

The act of receiving or consenting to something offered or proposed.

Caution Signals

Indicators or signs, either verbal or non-verbal, that suggest potential issues, objections, or resistance in a sales context.