An Investor in an Index Fund Earning 12

question 10

Multiple Choice

An investor in an index fund earning 12.3% per year would see an investment of $10,000 increase to approximately ____ in 25 years.

• A)$11,000 
• B)$48,000 
• C)$54,000 
• D)$170,000

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Definitions:

Psychologists

Professionals who study cognitive, emotional, and social processes and behavior by observing, interpreting, and recording how individuals relate to one another and to their environments.

Wilhelm Wundt

A German physiologist and psychologist widely regarded as the father of experimental psychology.

Mental Processes

The internal, covert activities of the mind, such as thinking, feeling, and reasoning, that are not directly observable.

Psychology

The systematic examination of mental processes and actions, covering both the observable and the hidden aspects of consciousness and thinking.