What Will Your Investment Be Worth in 10 Years If

question 1

Multiple Choice

What will your investment be worth in 10 years if you invest $15 000 at 12.5% p.a. ,payable at maturity,and your tax rate (paid annually) is 30 cents in the dollar?

• A)$34 097
• B)$48 710
• C)$32 473
• D)$34 704

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Definitions:

Sales Dollars

The overall income earned from the sales of products or services, measured in currency.

Break-even

The point at which total costs and total revenue are equal, resulting in no profit or loss for the business.

Variable Cost

Outgoings that are directly influenced by how much is produced or sold, including the costs of labor and materials.

Monthly Dollar Sales

The total revenue generated from sales in a given month, expressed in U.S. dollars.