When Calculating the Number of Years Needed to Grow an Investment

question 101

Multiple Choice

When calculating the number of years needed to grow an investment to a specific amount of money

• A) the lower the interest rate, the shorter the time period needed to achieve the growth.
• B) the higher the interest rate, the shorter the time period needed to achieve the growth.
• C) the interest rate has nothing to do with the length of the time period needed to achieve the growth.
• D) the Rule of 72 is the only way to calculate the time period needed to achieve the growth.

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Definitions:

Ambivalent

Having mixed or contradictory feelings about someone or something.

Psychosexual Development

Freud's theory that childhood stages of development (oral, anal, phallic, latency, genital) affect an individual's adult personality.

Superego

Part of the Freudian psychoanalytic theory, representing the ethical component of personality that provides the moral standards by which the ego operates.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, superego, and reality.