Consider an Investment Held Over Three Years with a Return

question 16

Multiple Choice

Consider an investment held over three years with a return of +20 percent in the first year, ?25 percent in the second year, and +20 percent in the third year. What is the arithmetic mean return on the investment?

• A) -2.6%
• B) +2.6%
• C) +5.0%
• D) +8.0%
• E) Cannot be calculated from the information provided

Understand the ethical considerations in business communication.

Recognize the importance of honesty and accountability in resolving problems.

Appreciate the significance of personalization and avoiding rubber stamp expressions in business messages.

Comprehend the structural emphasis of business messages.

---

Definitions:

Southern Demand

Refers to the economic and political requests or needs emanating from the southern states of the United States, historically often related to agricultural interests and states' rights.

Slavery Expansion

The historical growth or spread of slavery, especially in the United States pre-Civil War, often a contentious issue between states.

Senate

A legislative body in various political systems, often the upper house in a bicameral legislature, responsible for making laws, decisions, and usually representing territorial entities.

Republicanism

A political ideology centered on citizenship in a state organized as a republic under which the people hold popular sovereignty.