What is the future value of $1,680 in 15 years assuming an interest rate of 8.25 percent compounded semiannually?

$5648.85 The formula for compound interest is A = P(1+r/n)^(nt) where A = Amount of money at end of period P = Initial principle r = Rate of interest n = number of compound periods per yet t = number of years. So let's plug the numbers into the formula A = P(1+r/n)^(nt) A = 1680(1+0.0825/2)^(2 * 15) A = 1680(1 + 0.04125)^30 A = 1680(1.04125)^30 A = 1680(3.362408) A = $5648.85

Answer

Marketing manager

Explanation

In her previous role as the assistant marketing manger,Priya was able to come up with marketing strategies and plans for products.As a sales representative, this role exposed her to connecting with customers and getting marketing insights at the field. During her time as a budget analysis she was able to monitor the spending of the organization to ensure that they are within budget.The best role for her promotion is the Marketing manager position.