If You Are Able to Earn an 8% Rate of Return

question 4

Multiple Choice

If you are able to earn an 8% rate of return what amount would you need to invest to have $30000 one year from now?

• A) $27747
• B) $27778
• C) $27273
• D) $29700

---

Definitions:

Antitrust Exemption

Legal provisions that allow certain industries or companies to avoid full compliance with antitrust laws, often justified by arguments of national interest or market efficiency.

Voting Paradox

A situation in collective decision-making where individual preferences do not result in a consistent collective order of preferences, showing the complexity of social choice.

Impossibility Theorem

A theory stating that no rank-order voting system can meet certain desirable criteria, famously outlined by Kenneth Arrow.

Majority Rule Voting

A decision-making process where policies, leaders, or propositions are decided based on receiving more than half of the total votes cast.