What Is the Minimum Number of Years in Which an Investment

question 36

Multiple Choice

What is the minimum number of years in which an investment costing $210,000 must return $65,000 per year at a discount rate of 13% in order to be an acceptable investment?

• A) 8.69 years
• B) 5.37 years
• C) 7.51 years
• D)4.46 years

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Definitions:

Diversity Management

A strategic approach aimed at fostering a diverse workplace, where different perspectives are valued and contribute to the success of the organization.

Broad Approach

A wide-ranging strategy that encompasses various perspectives or tactics to address a problem or achieve a goal.

Equal Pay Act

A law aimed at abolishing wage disparity based on sex by ensuring that men and women are given equal pay for equal work.

Employment Principle

Fundamental beliefs or policies guiding the recruitment, treatment, and management of employees.