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What Is the Minimum Number of Years That an Investment

question 23

Multiple Choice

What is the minimum number of years that an investment costing $500,000 must return $65,000 per year at a discount rate of 13% in order to be an acceptable investment?


Definitions:

Shallow Sea

A part of the sea that is not deep, often found near coastlines, where sunlight can reach the seabed, supporting various marine life.

Capacity

The maximum amount that something can contain or produce, or the ability to perform, understand, or absorb something.

Flightless Birds

Birds that have evolved in such a way that they are unable to fly, often having smaller wing bones and a heavier, more robust body structure.

Biogeographical

Pertaining to the distribution of plants and animals in different regions and ecosystems across the world.

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