Which of the Following Is the Approximate Internal Rate of Return

question 46

Multiple Choice

Which of the following is the approximate internal rate of return for an investment that costs $33,550 and provides a $5,000 annuity for 10 years? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)

• A) 5%
• B) 6%
• C) 8%
• D) 10%

---

Definitions:

Executive Functioning

Refers to cognitive processes including planning, working memory, attention, problem solving, verbal reasoning, inhibition, mental flexibility, task switching, and initiation and monitoring of actions.

Seattle Longitudinal Study

A long-term research project initiated by K. Warner Schaie examining cognitive development over the lifespan, starting with participants in adulthood and assessing them across multiple decades.

Mental Abilities

The cognitive capacities of an individual, including the ability to think, reason, solve problems, and adapt to new situations.

Age of 50

A reference to individuals who have reached the half-century mark in their lives.