2. You start saving for retirement at the age of 25. Each month, you put away $100 into an account that pays 6% interest that is compounded monthly. What is the value of the
account when you retire at the age of 65?

The correct answer is  "b)  net income overstated, assets unaffected, liabilities understated, and owner's equity overstated."

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head. 

You would shift straight backwards.