The S&P TSX Composite Index Delivered Annual Returns of 10

question 10

Multiple Choice

The S&P TSX Composite index delivered annual returns of 10.55%,-8.32%,21.08% and 9.10% from 2014 to 2017.If you invested $10,000 in the index at the beginning of 2010,what amount would your investment have been worth at the end of 2013?

• A)$13,256
• B)$13,388
• C)$12,908
• D)$12.974
• E)$14.388

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Definitions:

Partnership Agreement

A contract between partners in a business that outlines the terms of the partnership, including roles, responsibilities, and profit sharing.

Provisions

Supplies of food, drink, or equipment, especially for a journey, or conditions stated in a legal document.

Rationale

The underlying reason or explanation for something.

Partnership Dissolution

The process of terminating the legal existence of a partnership, involving the winding up of its affairs, liquidation of assets, and distribution of the remaining assets among the partners.