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:

Indirect Suggestion

A technique used in sales and communication wherein an idea or preference is implied or suggested rather than explicitly stated, influencing the receiver's thoughts or actions subconsciously.

Dramatics

The art of producing and performing dramatic works; also refers to actions or behaviors that are exaggerated or emotional.

Powerful Proof Technique

A persuasive approach or method that strongly validates a claim or argument, enhancing its credibility.