Rose Henderson Invested in a Project That Required an Initial

question 68

Multiple Choice

Rose Henderson invested in a project that required an initial amount of $1,560 and returned one cash inflow of $12,000 at the end of the 18th year.A partial table of the present value of an annuity of $1 in arrears is as follows: $\begin{array}{|c|r|r|r|r|r|r|r|r|}\hline \text { Year } & 2 \% & 4 \% & 6 \% & 8 \% & 10 \% & 12 \% & 14 \% & 16 \% \\\hline 18 & 0.700 & 0.494 & 0.350 & 0.250 & 0.180 & 0.130 & 0.095 & 0.069 \\\hline\end{array}$ What is the internal rate of return for this investment?

• A) 8%
• B) 10%
• C) 12%
• D) 14%

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Definitions:

Intellectual Age

A measure of a child's mental abilities expressed in terms of the average abilities of children at a certain chronological age.

Metacognitive Abilities

The awareness and understanding of one’s own thought processes, allowing individuals to regulate their learning.

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A period in human life, often considered as middle adulthood, encompassing ages approximately 40 to 65, characterized by established life structures and potential mid-life transitions.

Rote Learning

is a memorization technique based on repetition, often without an understanding of the reasoning or relationships behind the information being learned.