{"id":399,"date":"2017-11-07T19:54:25","date_gmt":"2017-11-07T13:54:25","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/samantha-opened-a-savings-account-this-morning-her-money-is-true\/"},"modified":"2017-11-07T19:54:25","modified_gmt":"2017-11-07T13:54:25","slug":"samantha-opened-a-savings-account-this-morning-her-money-is-true","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/samantha-opened-a-savings-account-this-morning-her-money-is-true\/","title":{"rendered":"Samantha opened a savings account this morning. Her money &#8230;&#8230; is true?"},"content":{"rendered":"<p>Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually. After five years, her savings account will be worth $5,600. Assume she will not make any withdrawals. Given this, which one of the following statements is true?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-399","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually. After five years, her savings account will be worth $5,600. Assume she will not make any withdrawals. Given this, which one of the following statements is true?Answer:Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest.","mcq_options":[{"right":"no","answer":"Samantha deposited more than $5,600 this morning. "},{"right":"no","answer":"The present value of Samantha's account is $5,600. "},{"right":"yes","answer":"Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest. "},{"right":"no","answer":"Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6 percent interest. "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=399"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=399"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=399"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}