You Have Been Offered an Investment That Promises to Double

question 45

Multiple Choice

You have been offered an investment that promises to double your money every 9 years.Considering the rule of 72,what is your approximate rate of return on the investment?

• A)8%
• B)9%
• C)14%
• D)10%
• E)7.20%

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Definitions:

Neglect

The failure to provide for a child's basic needs, including physical, emotional, educational, and safety needs.

Shannon

Without specific context, this could refer to a personal name. In information theory, Claude Shannon is known for founding digital circuit design theory and information theory.

Sternberg's Triangular

A theory proposed by psychologist Robert Sternberg that describes the dynamic components of love as intimacy, passion, and commitment.

Trust

A psychological state comprising the intention to accept vulnerability based upon positive expectations of the intentions or behavior of another.