What Percentage Range of Extra Income Can Students That Undertake

question 18

Multiple Choice

What percentage range of extra income can students that undertake an extra year of high school expect to get for every year of their working lives?

• A)Between 10 and 14 per cent
• B)Between 10 and 12 per cent
• C)Between 10 and 16 per cent
• D)Between 10 and 11 per cent

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Expected Income Stream

The anticipated series of payments or revenues over a specified period.

Investment Project

A project involving the allocation of capital with the intention of generating future returns.

Expected Rate Of Return

The profit or loss an investor anticipates on an investment, stated as a percentage of the initial investment.