How Long in Years Will It Take for a Mutual

question 43

Multiple Choice

How long in years will it take for a mutual fund investment of $25,000 to reach $250,000 if the fund pays 12% per year?

• A)20.3178 years
• B)2)03178 years
• C)10.65 years
• D)The time cannot be determined with information provided.

---

Definitions:

Symbolic Interactionism

A sociological perspective focusing on the symbolic meanings people develop and rely upon in the process of social interaction.

State Of Mind

State Of Mind denotes an individual's emotional and psychological condition at a particular time, influenced by thoughts, feelings, and environmental factors.

Sexism

Bias, generalization, or unfair treatment often directed towards women due to their gender.

Higher Education

Education provided by universities and colleges, typically following completion of secondary education, leading to degrees at various levels.