What Monthly Compounded Nominal Rate of Return Would One Need

question 224

Multiple Choice

What monthly compounded nominal rate of return would one need to achieve in order to have investments of $100 made at the end of every month for 35 years to accumulate to $1 million?

• A) 14.50%
• B) 14.76%
• C) 13.62%
• D) 12.93%
• E) 11.35%

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Definitions:

Black Women's Identities

The collective and individual self-concepts of African American women, shaped by the intersections of race, gender, and social context.

Erased

Removed or deleted from consideration or memory.

Male-Centred

A perspective or approach that prioritizes male experiences or viewpoints, often overlooking female perspectives.

Objectified

The treatment of a person or a group of people as an object, disregarding their personality or dignity, often leading to dehumanization.