Jeremy Purchased 100 Shares of FB for $19 Per Share

question 106

Multiple Choice

Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at $91 per share. At what annual rate did the value of his investment grow?

• A) about 95%
• B) about 48%
• C) about 69%
• D) about 12%

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Definitions:

Frequency

In physics, the number of occurrences of a repeating event per unit of time, often used to describe waves or vibrations.

Dd Genotype

A genetic constitution in an organism where D and d represent different alleles of a gene, with Dd being a heterozygous genotype.

Hardy-Weinberg Principle

A fundamental principle in genetics stating that allele and genotype frequencies in a population remain constant from generation to generation in the absence of evolutionary influences.

Genetic Equilibrium

A condition in which the frequency of alleles in a population remains stable from generation to generation in the absence of disturbing factors.