If You Presently Have $6,000 Invested at a Rate of 15

question 121

Multiple Choice

If you presently have $6,000 invested at a rate of 15 percent,how many years will it take for your investment to triple? (Round up to obtain a whole number of years if necessary. )

• A) 2 years
• B) 4 years
• C) 6 years
• D) 8 years
• E) 10 years

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Definitions:

Bending Stress

The internal stress induced in a material when subjected to external forces causing it to bend, crucial in engineering design to prevent failure.

Torsional Stress

Stress that results from an applied torque or twisting force on a material, potentially leading to distortion or failure.

Spinout Failure

A condition where a wheel spins freely without traction, potentially leading to loss of control or damage to the vehicle.

Power Divider

Interaxle differential gearing used in tandem drive, highway tractors to split torque between the two drive axles. Also known as interaxle differential.