Forty Years Ago,you Began Investing $2,000 a Year

question 119

Multiple Choice

Forty years ago,you began investing $2,000 a year.Because your investments earned an average of 2 percent a year,your investment portfolio has a current dollar value of $120,804.How much did you earn on your investments over the 40-year period of time?

• A)$2,000
• B)$40,000
• C)$40,804
• D)$80,000
• E)$120,804

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Definitions:

Government Regulators

Authorities or agencies responsible for enforcing laws, regulations, and ensuring compliance within specific industries or sectors.

Secondary Stakeholder

A party that is indirectly affected by a company's activities but is not engaged in transactions with the company. Their interests may still impact the company's decisions.

Social Responsibility

Refers to the obligation of individuals and organizations to act for the benefit of society at large, balancing profit-making activities with activities that benefit the community.

Stakeholder Orientation

A business approach that prioritizes the needs, interests, and well-being of all stakeholders in decision-making processes.