If you deposit $1,000 each year in a savings account earning 4%, compounded annually, how much will you have in 10 years?

What will be an ideal response?

Answer: FV[10] = $1,000(12.006) = $12,006

Business

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The guideline to observe nonverbal communication in clusters refers to which of the following?

A) Determine meaning based on the ?rst nonverbal cue you see. B) Pay attention to voice, eye contact, and facial expression. C) Read one nonverbal message at a time. D) None of the above applies.

Business

The stated aim of the organization for Asia Pacific Economic Cooperation (APEC) is to ________

A) build another trading bloc B) introduce stringent trade and investment procedures among member countries C) strengthen the multilateral trading system D) increase members' tariff rates from an average of 7.5 percent to 15 percent

Business