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

question 25

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) 30%
• D) none of the above.

---

Definitions:

Northerners

Individuals hailing from the northern region of a country, often used in the context of the United States during the Civil War era.

Southern Elites

The affluent and influential members of society in the southern regions, often historically associated with agricultural wealth and political power.

Southern Blacks

Refers to African American populations living in the Southern United States, historically subjected to segregation and significant civil rights struggles.

Radical Republicans

A faction within the U.S. Republican Party during the Civil War and Reconstruction eras, advocating for the abolition of slavery and aggressive measures to ensure civil rights for freed slaves.