The First Thing You Need to Determine in Order to Reach

question 69

Multiple Choice

The first thing you need to determine in order to reach an investment goal after accumulating the capital is the __________. ​

• A)rate of return
• B)rate of savings
• C)rate of inflation
• D)rate of consumption

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Definitions:

Note Payable

A written promise to pay a specified amount of money, usually including interest, by a certain date.

Note Payable

A written promise to pay a specific sum of money on a certain date, or on demand, to the holder of the note, which can be short-term or long-term.