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A client agrees to invest S100,000 three years from now in a business project, and decides to deposit funds today in a bank account that pays 6 percent compound interest annually.
How much does the client need to deposit in order to be able invest $100,000 in three years time?
Suggested Answer: D
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9 comments · newest first
TI
Timothy
12 months ago
Interesting! I always thought compound interest worked differently.
MA
Marvel
1 year ago
I thought it would be lower with 6% interest.
MI
Miriam
1 year ago
Wait, how can it be that much? Seems high.
ED
Eden
1 year ago
That sounds right, I did the math too!
RE
Reynalda
1 year ago
You need to deposit about $83,961.93 today.
SU
Sue
1 year ago
Extreme Programming is an interesting choice, but I'm not sure it fully addresses the need for workflow visualization and WIP limits that the question is asking about. I'll double-check the XP practices just in case.
GL
Glendora
1 year ago
Okay, I've got a strategy for this. The format block is all about creating dynamic text, so I'm guessing it could be used to merge state text with dynamic values for input or output. That sounds like option D to me.
FR
Freeman
1 year ago
I'm not totally sure about this one. Option B about not storing backup media offsite also seems like it could be a big problem for high availability. I'll have to review the concepts on that one.
JA
Jaclyn
1 year ago
I'm feeling confident about this one. The parent widget for TabBar and TabBarView is clearly DefaultTabController, since it's responsible for coordinating the tab switching behavior. I'll select that option and move on.