If You Presently Have $6,000 Saved and Earn 15 Percent

question 142

Multiple Choice

If you presently have $6,000 saved and earn 15 percent interest per year,about how many years will it take for your investment to triple?

• A)6
• B)8
• C)10
• D)12

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Definitions:

Physical Effect

The tangible or observable impact or influence that something has on the body.

Hardy Personality

A personality trait characterized by resilience and the ability to remain calm and clear-headed under pressure or during difficult situations.

Type A Personality

A behavioral pattern characterized by high levels of competitiveness, impatience, aggression, and a constant sense of urgency.

Introvert Personality

Refers to individuals who tend to be more inward-focused, often preferring solitude or small group interactions and finding energy in reflective activities.