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If You Put $10,000 in an Investment That Returns 11

question 138

Multiple Choice

If you put $10,000 in an investment that returns 11 percent compounded monthly what would you have after 10 years (round to nearest $1) ?


Definitions:

Composition

The act of forming something by combining parts or elements, or the arrangement and structure of parts in a work of art or piece of writing.

Division

The process of separating or segmenting a whole into smaller parts or sections.

Hasty Generalization

An argumentative flaw where the ending assertion lacks adequate or neutral supporting proof.

Accident

An unexpected and usually undesirable event, often resulting in damage or injury.

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