With a 10 Percent Interest Rate on Dollar Deposits,and an Expected

question 95

Multiple Choice

With a 10 percent interest rate on dollar deposits,and an expected appreciation of 7 percent over the coming year,the expected return on dollar deposits in terms of the dollar is

• A)3 percent.
• B)10 percent.
• C)13.5 percent.
• D)17 percent.

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Definitions:

Ratio

A quantitative relationship between two numbers, showing how many times one value contains or is contained by the other.

Manufacturing Business

A type of business that produces goods in large quantities using raw materials and machinery.

Book Publisher

A company or individual that manages the production, marketing, distribution, and rights of books and other literary works.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.