If Money Is Invested at 8% Per Year,after Approximately How

question 113

Multiple Choice

If money is invested at 8% per year,after approximately how many years will the interest earned be equal to the original investment?

• A)5 years
• B)6 years
• C)9 years
• D)12 years
• E)8 years

---

Definitions:

Secondary Boycott

A form of protest in which a union refuses to work for, or urges others to boycott, companies that do business with an employer it is in dispute with.

Taft-Hartley Act

A 1947 US federal law that restricted the activities and power of labor unions, including prohibiting certain types of strikes and requiring union leaders to swear anti-communist oaths.

Legal Primary Boycott

A lawful form of protest or economic pressure in which workers, unions, or consumers refuse to buy or deal with a company directly involved in a labor dispute.

Taft-Hartley Act

A 1947 federal law in the U.S. that restricts the activities and power of labor unions, aiming to balance the rights of employers and employees.