An Investment Is Growing by 9% Each Year

question 1

Multiple Choice

An investment is growing by 9% each year. How long does it take the investment to double in value?

• A)7 years
• B)8 years
• C)10 years
• D)11 years

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Definitions:

Job Analysis

The process of studying and collecting information about the duties, responsibilities, necessary skills, outcomes, and work environment of a particular job.

Vertical Integration

A company's expansion by moving along its supply chain to control both production and distribution elements.

Leadership

The action of leading a group of people or an organization, or the ability to do this through vision, influence, and facilitating progress.

Enabling Process

The creation and implementation of processes that empower individuals or teams to achieve their goals effectively.