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:

Butane

A gas compound known as C4H10, which can be found in two different structural variations, utilized for fuel and cooling purposes.

Dehydrohalogenation

A chemical reaction in which a halogen atom and a hydrogen atom are removed from an organic molecule, forming an alkene.

Alkyl Chlorides

Organic compounds containing a chlorine atom covalently bonded to an aliphatic carbon chain, used in various chemical syntheses.

Sodium Ethoxide

A strong base and nucleophile derived from ethanol and sodium, used in various organic reactions.