What Annual Rate of Return Is Earned on a $900

question 106

Multiple Choice

What annual rate of return is earned on a $900 investment when it grows to $2,500 in 15 years?

• A) 1.78 percent
• B) 2.78 percent
• C) 6.58 percent
• D) 7.05 percent

---

Definitions:

Union Members

Individuals who belong to a labor union, which represents their interests in negotiations with employers.

Blue-collar Jobs

Refers to occupations that typically involve manual labor and are often hourly-wage positions.

White Males

A demographic group defined by race (white) and gender (male), often discussed in the context of diversity and inclusion efforts.

Union Strength

The measure of the power and influence of a labor union, determined by factors such as membership size, financial resources, and political connections.