To Determine How Long It Would Take an Investment to Double

question 15

Multiple Choice

To determine how long it would take an investment to double at 10 percent, you could scan down the 10% column until you reach a factor of approximately 2.0 on the ________ table.

• A) Present value of $1
• B) Future value of $1
• C) Present value of an annuity
• D) Future value of an annuity

---

Definitions:

Intrapersonal Skills

Abilities and competencies that enable an individual to understand and manage their own emotions, motivations, and behaviors.

Communicating

The process of sharing or exchanging information, thoughts, or messages through speech, writing, signals, or behavior.

Teamwork

Collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Social Norms

Unwritten rules and expectations about how to behave in a given social group or society, which guide behavior and can influence conformity and social interactions.