If $2,500 Is Invested Today, the Initial Investment Plus Interest

question 16

Multiple Choice

If $2,500 is invested today, the initial investment plus interest will be worth $5,000 in eight years. What is the annual interest rate on the investment?

• A) 1.09%
• B) 5.00%.
• C) 9.05%.
• D) 10.00%.
• E) 20.90%

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Definitions:

Environmental Racism

Any environmental policy or practice that negatively affects individuals, groups, or communities because of their race or ethnicity.

Environmental Justice

The fair treatment and meaningful involvement of all people, regardless of race, color, national origin, or income, with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies.

Corporate Welfare

Financial aid and benefits provided by the government to corporations, often criticized as favoritism towards big business.

Grassroots Environmentalism

Beginning in the 1980s, the fourth stage of the environmental movement; distinguished by the diversity of its members and belief in citizen participation in environmental decision making.