Emanuel Invested $10,000 in a Security That Will Double in Value

question 32

Multiple Choice

Emanuel invested $10,000 in a security that will double in value in 10 years. Approximately, what annual rate of return is this investment making?

• A) 10%.
• B) 7.2%.
• C) 6.3%.
• D) 6%.

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Definitions:

External

Pertaining to or relating to the outside or exterior part of something.

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A therapeutic or analysis technique involving the application of electrical impulses to nerves or muscles.

EEG

Electroencephalography, a noninvasive method to record electrical activity of the brain via electrodes placed on the scalp.

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A type of marketing research that attempts to understand consumers' underlying emotions and attitudes that drive purchasing behaviors.