What Is the Rate of Return on an Investment of $16,278

question 15

Multiple Choice

What is the rate of return on an investment of $16,278 if the company expects to receive $3,000 per year for the next ten years?

• A) 18 percent
• B) 13 percent
• C) 8 percent
• D) 3 percent
• E) 10 percent

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Definitions:

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something, essential for building healthy relationships.

Mothers

Female parents who may or may not be the biological parent but performs the role of caring for and raising a child.

Curiosity

A strong desire to learn or know something, often leading to exploration and investigation.

Mobility

The ability to move or be moved freely and easily within physical spaces or between different social levels.