You Have Been Investing $120 a Month for the Last

question 57

Multiple Choice

You have been investing $120 a month for the last 15 years. Today,your investment account is worth $47,341.19. What is your average rate of return on your investments?

• A) 9.34%
• B) 9.37%
• C) 9.40%
• D) 9.42%
• E) 9.46%

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Definitions:

Malnutrition

A condition that results from eating a diet in which nutrients are either not enough or are too much, causing health problems.

Sensory Impoverishment

A condition in which an individual has limited interaction with the sensory environment, leading to reduced sensory and cognitive development.

Left Hemisphere

The left side of the brain, typically associated with analytical tasks, language processing, and logical reasoning.

Language

A system of communication used by a particular community or country, consisting of written, verbal, or signed forms of communication.