Your Financial Advisor Tells You That If You Earn the Historical

question 14

Multiple Choice

Your financial advisor tells you that if you earn the historical rate of return on a certain mutual fund,then in three years your $20,000 will grow to $23,152.50.What rate of interest does your financial advisor expect you to earn?

• A)5 percent
• B)6 percent
• C)7 percent
• D)8 percent

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Definitions:

Important Goals

Objectives or targets that are considered critical for the success or progress of an individual or organization.

Team Leader

An individual assigned or emerging within a group who guides, directs, and influences the team towards accomplishing shared goals.

Disruptive Activities

Self-serving behaviours that interfere with team effectiveness.

Emotional Life

Refers to the way in which one experiences, expresses, and manages emotions, contributing to an individual's overall psychological well-being.