You Plan to Invest in Securities That Pay 11

question 84

Multiple Choice

You plan to invest in securities that pay 11.2%,compounded annually.If you invest $5,000 today,how many years will it take for your investment to grow to $9,140.20?

• A) 6.36
• B) 5.63
• C) 4.60
• D) 5.85
• E) 5.68

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Definitions:

Neurons

Special cells within the nervous system that communicate information via electrical and chemical signals.

Cerebellum

A part of the brain at the back of the skull in vertebrates, which is responsible for coordinating and regulating muscular activity.

Amygdala

A region of the brain involved in experiencing emotions, notably fear and pleasure, and in forming emotional memories.

Neuroplasticity

The ability within the brain to constantly change both the structure and function of many cells in response to experience or trauma.