If You Receive $100 000 Back as Principal and Interest

question 59

Multiple Choice

If you receive $100 000 back as principal and interest at the end of the year for an initial investment of $93 456 at the start of the year,what interest has been earned on your investment?

• A) 6.54%
• B) 65.4%
• C) 7.00%
• D) 70.00%

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Definitions:

Resonant Leader

A leadership style characterized by emotional intelligence, where the leader is able to build deep, resonant connections with followers.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Work Satisfaction

The level of contentment or happiness an individual derives from their job, including aspects like work environment, job role, and compensation.

Trust

A person’s confidence in another individual’s intentions and motives and in the sincerity of that individual’s word.