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

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Definitions:

Equilibrium

A state in which opposing forces or influences are balanced, often used in chemistry to describe reactions where reactants and products are formed at the same rate.

Products

Substances formed as a result of a chemical reaction, appearing on the right side of a chemical equation.

Reactants

Substances that undergo chemical changes in a reaction, transforming into products.

Equilibrium

A state in a chemical reaction where the rates of the forward reaction and reverse reaction are equal, leading to no net change in the concentration of reactants and products.