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:

Ectasis

A medical term referring to the dilation or expansion of a hollow structure or organ.

Iasis

A suffix used in medical terminology to denote conditions, diseases, or infestations.

Crine

Relating to or denoting glands that secrete hormones or other products directly into the blood (endocrine) or outwardly through ducts (exocrine).

Pan-

A prefix meaning "all" or "every", often used in medical and scientific terminology.