What Annual Rate of Return Is Earned on a $895

question 100

Multiple Choice

What annual rate of return is earned on a $895 investment that grows to $1,976 in eight years?

• A) 9.14%
• B) 9.97%
• C) 10.41%
• D) 11.73%

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Definitions:

Staffing Procedures

Processes and activities involved in identifying, attracting, evaluating, and hiring employees to fill job vacancies within an organization.

Objective Performance

Measurement based on fact, free from bias, and quantifiable in terms of outcome or achievement in a person's job role.

Subjective Measures

Methods of assessment based on personal opinions, interpretations, points of view, or judgments rather than objective data or criteria.

Objective

A specific result that a person or system aims to achieve within a timeframe and with available resources.