Write the Word or Phrase That Best Completes Each Statement

question 414

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-Gillian has $10,000 to invest in a mutual fund. The average annual rate of return for the past five years was
12.25%. Assuming this rate, determine how long it will take for her investment to double.

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Definitions:

Personal Data

Information relating to an identified or identifiable person, including names, ages, addresses, and more.

Trust

The confidence in the reliability, truth, ability, or strength of someone or something, which is crucial in building relationships in both personal and professional contexts.

Private Label Brands

Products manufactured by one company for sale under another company's brand, typically retailer brands that are positioned as lower-cost alternatives to national brands.

Manufacturer Brands

Brands that are managed and owned by the manufacturer.