Jeanette Invested $12,000 Four Years Ago

question 62

Multiple Choice

Jeanette invested $12,000 four years ago. Her arithmetic average return on this investment is 8.72 percent, and her geometric average return is 8.31 percent. What is Jeanette's portfolio worth today?

• A) $13,989
• B) $14,203
• C) $16,409
• D) $16,514
• E) $16,766

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Definitions:

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as triumph, despair, pride, and shame.

Prevention Focus

A motivational orientation that revolves around the avoidance of negative outcomes and the prioritization of safety and security.

Reactance

An emotional response that arises when individuals feel that their freedom to choose or act is being restricted.

Negative Emotional State

A condition of experiencing feelings such as sadness, anxiety, or anger, which negatively affects one's mood and disposition.