Suppose You Invest $1,000 in a Mutual Fund

question 218

Multiple Choice

Suppose you invest $1,000 in a mutual fund. If the annual return of that fund is 5%, how many years will it take before your fund is worth $2,000?

• A) 10 years
• B) 14 years
• C) 20 years
• D) never

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Definitions:

Metabolic Poison

Substances that interfere with the body's metabolic processes, potentially causing harm or disruption to normal cellular function.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, essential for various cellular functions.

Mitochondrion

An organelle found in large numbers in most cells, in which the biochemical processes of respiration and energy production occur. It has its own DNA.

Phagocytic Cell

A type of immune cell capable of engulfing and absorbing bacteria, other foreign bodies, and sometimes dead cells.