Alexander Industries Just Had a Very Profitable Year

question 93

Multiple Choice

Alexander Industries just had a very profitable year. The owner has decided to invest $225,000 of the profits in a venture that pays an 8% rate of return for fifteen years. How much more would the
Investment have been worth if the owner could have made 9% on this investment?

• A) $52,910.25
• B) $105,820.50
• C) $211,641.00
• D) $713,738.05
• E) $819,558.55

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Definitions:

Internal Carotid Artery

A major artery that supplies blood to the brain, eyes, and other parts of the head.

Pulmonary Artery

The artery carrying blood from the right ventricle of the heart to the lungs for oxygenation.

Oxygenated Blood

Blood that is rich in oxygen and is carried from the lungs to the heart and then distributed to the rest of the body.

Hepatic Portal Veins

A vein that carries blood from the gastrointestinal tract and spleen to the liver, transporting nutrients and toxins to the liver for processing.