If $2000 Is Invested at 10 Per Cent at the Start

question 55

Multiple Choice

If $2000 is invested at 10 per cent at the start of every year for three years, how much will you have accumulated at the end of the three years?

• A) $6620
• B) $6340
• C) $6600
• D) $6748

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Definitions:

Major League Baseball

The professional baseball organization that is the oldest of the four major professional sports leagues in the United States and Canada.

Secondary Labor Market

Refers to segment of the labor market characterized by low pay, poor job security, and limited career prospects, often involving part-time or temporary work.

Primary Labor Market

Refers to sectors that offer high wages, good benefits, and stable employment, contrasting with the secondary labor market.

Semiskilled Labor

Workforce individuals possessing some training and skills but less than that required for skilled labor, often involving manual or repetitive tasks.