You Have $10 000 to Invest

question 60

Multiple Choice

You have $10 000 to invest.If you invest it at 11.2% p.a.for six months,then invest the initial $10 000 together with any interest for a further 12 months at 12.7% p.a. ,what will be the value of your investment at the end of the 18-month period?

• A)$11 901.12
• B)$12 532.24
• C)$11 830.00
• D)$12 241.36

---

Definitions:

Social Media

Digital platforms that enable users to create, share, and exchange content and participate in social networking.

Creative Effort

The amount of creativity, originality, and innovation put into a project or work.

User-generated Content

Content created and shared by users of online platforms, including videos, photos, blogs, and comments, rather than by the platforms themselves.

Original

Pertaining to something that is the first of its kind or has never been seen before; an object or idea that is novel and unique.