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:

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The fundamental and essential part of the programming code that defines the functionality of a software application.

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The process of making sure that information such as contacts, calendars, and photos are updated and consistent across all your Apple devices.

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A media player, media library, Internet radio broadcaster, and mobile device management application developed by Apple Inc.

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A rechargeable battery pack that powers a laptop computer, allowing it to operate without being plugged into an AC power source.