At an Annual Interest Rate of 10 Percent,about How Many

question 1

Multiple Choice

At an annual interest rate of 10 percent,about how many years will it take $100 to triple in value?

• A)8
• B)10
• C)12
• D)14

---

Definitions:

Performance Scale

A tool or set of items designed to measure an individual's abilities or achievement in a specific area, often used to evaluate the effectiveness of interventions or to assess competencies.

Full-Scale IQ

A measure of an individual's overall intellectual ability as assessed by standardized intelligence testing, encompassing both verbal and performance scales.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used to indicate how much individuals within a dataset deviate from the mean.

Intelligence Quotient

A measure of a person's intellectual abilities in relation to their age group, typically assessed through standardized tests.