Annuity Interest Rate What Annual Interest Rate Would You Need

question 81

Multiple Choice

Annuity Interest Rate What annual interest rate would you need to earn if you wanted a $200 per month contribution to grow to $14,700 in 5 years?

• A) 6.47%
• B) 7.76%
• C) 8.00%
• D) 14.70%

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Definitions:

Transsexual

A person who undergoes sex reassignment, which may include surgeries.

Normative Constructions

Socially established norms and expectations that guide behavior and understanding within a society.

Sex and Gender

The distinction between sex, a biological categorization based on reproductive physiology, and gender, a social construct related to roles, behaviors, and identities.

Emphasized Femininity

The normative ideal of femininity, based on women’s compliance with their subordination to men.