The Rate of Return Earned on an Investment of $50,000

question 156

Multiple Choice

The rate of return earned on an investment of $50,000 today that guarantees an annuity of $10,489 for six years is approximately ________.

• A) 5%
• B) 7%
• C) 10%
• D) 12%

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Definitions:

Spiritual Culture

Relates to the shared beliefs, practices, and values concerning the sacred or divine, influencing a group or community's way of life.

Ethical

Pertaining to or dealing with morals; concerning the distinction between right and wrong or good and bad behavior.

Opportunities For Employees

The possible prospects or openings within an organization for its workers to advance, learn new skills, or pursue career growth.

Ethisphere Institute

An organization that defines and measures corporate ethical standards, recognizing companies for their ethical business practices.