Ethan Has £50,000 to Invest Today at an Annual Interest

question 83

Multiple Choice

Ethan has £50,000 to invest today at an annual interest rate of 4%. Approximately how many years will it take before the investment grows to £101,250?

• A) 18 years
• B) 20 years
• C) 16 years
• D) 11 years

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Definitions:

Cross-cultural Research

Studies that explore how cultural factors influence behaviors, attitudes, and perceptions across different societies.

Leadership Behavior

The actions or conduct demonstrated by a leader, influencing the group's activities and direction.

Follower Attitudes

The perceptions, feelings, and behavioral tendencies that individuals who are led by others hold towards their leaders, work, and organizational environment.

Managing Diversity

The practice of recognizing, valuing, and effectively leveraging different cultural, ethnic, gender, and other differences in an organization to achieve a competitive advantage.