How Much Faster Does It Take for a $10,000 Investment

question 198

Multiple Choice

How much faster does it take for a $10,000 investment to increase to $20,000 if the average annual growth rate is 14% compared to 7%?

• A) At 14%, the investment will double two years faster.
• B) At 14%, the investment will double three years faster.
• C) At 14%, the investment will double four years faster.
• D) At 14%, the investment will double five years faster.

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Definitions:

Ethical Guideline

A directive that outlines appropriate practices and behaviors to uphold ethical standards in professional or organizational activities.

Training Contract

A formal agreement between a trainee and an organization, outlining the terms and conditions of training, often used in professional fields.

Reflect on Weaknesses

The process of self-assessment to identify areas of improvement or gaps in knowledge and skills.

Robert Gagné's

Refers to the influential work of educational psychologist Robert M. Gagné, especially his conditions of learning and the theory of instructional design.