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:

Usury Laws

Usury laws are regulations governing the amount of interest that can be charged on loans, aimed at preventing exorbitant or unfair interest rates.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or commodity to protect consumers from rapid price increases.

Price Floor

A minimum allowable price set above the equilibrium price, preventing the market price from falling below a certain level.

Quantity Demanded

It refers to the total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time period.