Ivan Valentine Made $4,000 on an Investment Which Yielded an 8

question 73

Multiple Choice

Ivan Valentine made $4,000 on an investment which yielded an 8% return after 1 year. How much did Ivan invest?

• A)$40,000
• B)$50,000
• C)$60,000
• D)$70,000

---

Definitions:

National Background

The socio-cultural, economic, and political conditions prevailing in a country that influence individuals and organizations.

Nonprofit Organizations

Organizations that operate for charitable, educational, scientific, or social purposes, rather than for the profit of shareholders or owners.

Individual Donations

Financial contributions made by private individuals to support causes, organizations, or individuals in need.

Special Events

Unique or notable occasions designed and organized to achieve a specific purpose.