Ben Invests $10,000 at a Rate of Interest of 5

question 7

Multiple Choice

Ben invests $10,000 at a rate of interest of 5 percent for 40 years.Which of the following is true about the return on the investment?

• A)Ben will receive more money at the end of 30 years compared to the money received at the end of 40 years.
• B)Ben will receive more money at a 3 percent rate of interest instead of the existing rate.
• C)Ben will receive an interest of $5,000 at the end of ten years.
• D)Ben will receive no interest on his investment at the end of the investment period.
• E)Ben will receive a significant amount at the end of the investment period,due to the feature of compounding.

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