Suppose You Make an Investment of $2000 That You Are

question 58

Multiple Choice

Suppose you make an investment of $2000 that you are not allowed to cash in for five years. Unfortunately, the value of the investment decreases by 15% per year. How long will it be before your investment decreases to half its original value?

• A)2.5 years
• B)3.6 years
• C)4.1 years
• D)4.3 years

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Definitions:

DDT

Dichloro-diphenyl-trichloroethane, a synthetic chemical compound once widely used as an insecticide, later banned in many countries due to its environmental and health impacts.

Malaria Reduction

Efforts and strategies aimed at decreasing the incidence of malaria, a disease caused by parasites transmitted through the bite of infected mosquitoes.

Mosquito Nets

Fabric barriers designed to prevent mosquitoes from accessing an area, typically used over sleeping areas to prevent mosquito bites.

Risk Assessment

A systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking.