You have discovered an investment opportunity that earns a 9% rate of interest compounded annually. What amount should you deposit today to have $3,000 in two years?

A) $2,460
B) $2,525
C) $2,542
D) $2,752

Answer: B

Business

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As the text notes, unrestricted trade is impossible if there is a lack of _____ between nations.

Fill in the blank(s) with the appropriate word(s).

Business

A key part of making self-awareness and self-discipline vehicles for personal development is to have a healthy belief in personal growth. People with a healthy belief in personal growth are most likely to ________ .

A. believe that talents are innate and would carry them to the top without modification B. assume that talents would be developed during their personal and work lives C. be blind to their areas of incompetence D. engage in defensive behavior when their beliefs are confronted

Business