What Is the Minimum Number of Years That an Investment

question 48

Multiple Choice

What is the minimum number of years that an investment costing $500,000 must return $65,000 per year at a discount rate of 13 percent in order to be an acceptable investment?

• A)8.69 years
• B)14.00 years
• C)27.51 years
• D)An infinite number of years

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Definitions:

Food Allergens

Substances in foods (like peanuts, shellfish, and eggs) that can trigger allergic reactions in sensitive individuals.

Wheat

A cereal grain that is a major food source globally, used in the production of foods like bread, pasta, and cereal.

Eggs

Oval or round objects laid by female animals, containing a developing embryo and nutrients for its growth, often consumed as food by humans.

Steroid Hormones

A group of hormones, derived from cholesterol, that include testosterone, estrogen, and cortisol, playing various roles in the body.