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Worldatwork C3E Exam - Topic 3 Question 10 Discussion

Posted by Luisa on May 07, 2022 at 05:20 AM

How much interest will you earn on 2,500 in three years, if the interest rate is 6%, and the interest is compounded annually?

Suggested Answer: B

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13 comments · newest first
BE
Berry 12 months ago
I thought it would be less than that, honestly.
RO
Rozella 12 months ago
Totally agree, C makes the most sense!
CH
Chantell 1 year ago
Wait, are we sure about that? Seems high for just 3 years.
RO
Roxane 1 year ago
I think it's definitely option C!
TA
Tarra 1 year ago
The formula for compound interest is A = P(1 + r/n)^(nt).
JA
Jame 1 year ago
I’m torn between options B and C. I think I calculated something close to 489.05 in my practice, but I’m not confident about the final step.
AM
Amira 1 year ago
Compounding annually means we apply the interest each year, right? I feel like I might confuse it with simple interest if I'm not careful.
DO
Domonique 1 year ago
I remember practicing a similar question where we had to calculate interest over multiple years. I think the answer might be around 477.54, but I need to double-check my calculations.
SH
Shawna 1 year ago
I think we need to use the compound interest formula, but I’m not entirely sure how to apply it correctly.
SO
Sonia 1 year ago
Hmm, I'm not sure about that last option. Assigning the LDAP directory to a Team as a resource before configuring the LDAP user registry doesn't sound right to me. I'll have to think that one through.
LY
Lyndia 1 year ago
Hmm, I'm a bit unsure about this one. I'm trying to decide between B and C. I'm leaning towards B since creating a new role inherited from es_analyst and making the dashboard the default view seems like a cleaner approach.
FR
France 1 year ago
Wait, is 'parallel' where they all do their own checks independently? I'm not 100% sure what distinguishes these models...
MI
Millie 1 year ago
I think the key here is to focus on the core concepts of the Policy Centralization pattern. Option B seems to capture the essential elements - a policy framework that supports both policy definition and runtime enforcement.
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