Examlex

Solved

If Claude Summers Invests $14,962

question 42

Short Answer

If Claude Summers invests $14,962.50 now, she will receive $50,000 at the end of 14 years. What annual rate of return will Claude earn on his investment?


Definitions:

Information Technology

The use of computers and software to manage information, particularly by businesses and other organizations.

Privacy Needs

The requirement for personal information to be protected from unauthorized access, use, disclosure, disruption, modification, or destruction.

Data Protection Laws

Regulations designed to protect individuals' personal information from misuse, unauthorized access, or disclosure.

Driver's Privacy Protection Act

A U.S. law that restricts the disclosure of personal information gathered by state Departments of Motor Vehicles.

Related Questions