If Money Is Invested at 8% Per Year,after Approximately How

question 31

Multiple Choice

If money is invested at 8% per year,after approximately how many years will the interest earned be equal to the original investment?

• A)5 years
• B)6 years
• C)9 years
• D)12 years

---

Definitions:

Cultural Leveling

The process where distinct cultures become more similar to each other, often due to globalization and international influences.

Cultural Diffusion

The conveyance of cultural practices and social norms from one group to another.

Dominant Culture

The culture of the most powerful group in society, which often sets the norms and standards that others are expected to follow.

Cultural Diffusion

The distribution of social customs and cultural ideologies across various groups.