What Annual Rate of Return Is Earned on a $13,000

question 52

Multiple Choice

What annual rate of return is earned on a $13,000 investment made in year 2 when it grows to $17,000 by the end of year 7?

• A) 10.64%
• B) 4.28%
• C) 8.04%
• D) 5.51%

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Definitions:

Alleles

Different forms of a gene that can exist at a specific locus on a chromosome, contributing to the genetic diversity of organisms.

Hardy-Weinberg Principle

A rule that declares the frequencies of alleles and genotypes in a population will stay unchanged over time if there are no other evolutionary factors at play.

Random Matings

A mating system in which all members of a population have an equal opportunity to mate with any other member, contributing to genetic diversity.

Nonrandom Matings

A mating pattern in which individuals do not mate randomly or by chance, but rather select mates based on certain traits or proximity.