How Many USD Would You Have to Invest at 3

question 11

Multiple Choice

How many USD would you have to invest at 3.5% to be repaid USD125 million (principal plus interest) in 30 days?

• A) USD 124,641,442.43
• B) USD 124,636,476.94
• C) USD 124,635,416.67
• D) USD 123,915,737.30

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Definitions:

Under Consumption

A situation where consumers are spending less than what is needed to drive economic growth due to various factors like low income or high savings.

Sunspot Theory

A theory in economics that suggests that economic cycles might be driven by psychological factors or extrinsic shocks, rather than fundamentals alone.

Psychological

Pertaining to the mind or mental processes, often emphasizing the influence on behavior, perception, and emotion.

Endogenous

Refers to factors or processes that originate from within a system or model.