If You Are Able to Earn a 15% Rate of Return

question 2

Multiple Choice

If you are able to earn a 15% rate of return what amount would you need to invest to have $15000 one year from now?

• A) $14852
• B) $13125
• C) $12750
• D) $13044

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Definitions:

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A proposal requested by an organization or individual, often in response to a specific problem or need.

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A direct and clear request or call to someone to participate in a specific event or action, leaving no room for ambiguity or misunderstanding.

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A government agency is an organization within a government that is responsible for enforcing laws, regulations, and implementing public policy.