You Have Made an Investment of $250 That Will Yield

question 36

Multiple Choice

You have made an investment of $250 that will yield a profit of $30 in one year.If the interest rate is 11.5% is this a good investment.

• A) Yes, because the internal rate of return is greater than the interest rate
• B) Yes, because the internal rate of return is less than the interest rate
• C) No, because the internal rate of return is greater than the interest rate
• D) No, because the internal rate of return is less than the interest rate

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Definitions:

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Commerce Department

A department within a government responsible for regulating, promoting, and facilitating trade and commerce activities.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, often used as an indicator of inflation.

CPI

Stands for Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.