A team needs to identify goals and objectives before it can identify solutions

Servers should be monitored because of the risk of hardware failure

Indicate whether the statement is true or false

Mildred desires to have $7,049 on deposit five years from today. If she has $4,000 to deposit, what rate of interest, compounded annually, must be obtained to accumulate the desired $7,049 in five years?

A) 12% B) 10% C) 9% D) 8%