What Is the Rate of Return on an Investment of $124,090

question 149

Multiple Choice

What is the rate of return on an investment of $124,090 if the company expects to receive $10,000 per year for the next 30 years?

• A) 7 percent
• B) 4 percent
• C) 1 percent
• D) 0 percent

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Definitions:

Landrum-Griffin Act

A U.S. law enacted in 1959 to regulate labor unions' internal affairs and their officials' relationship with employers.

Internal Affairs

A division within a police department or other organization that investigates incidents involving its own members, ensuring operational integrity.

Honesty

The quality of being fair, truthful, and sincere in one's actions, statements, and relationships.

Democracy

A form of government in which power rests in the hands of the people, typically exercised through elected representatives.