Suppose You Invest $5000 and Would Like Your Investment to Grow

question 100

Short Answer

Suppose you invest $5000 and would like your investment to grow to $10,000 in eight years. What interest rate, compounded weekly, would you have to earn in order for this to happen?

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Definitions:

Gender Typing

The process by which a child becomes aware of their gender and thus behaves accordingly by adopting values and attributes of members of the sex that they identify as their own.

Secondary Sex Characteristics

Physical traits that emerge during puberty which are not directly involved in reproduction, such as breast development in females and facial hair in males.

Gender Identity

Our sense of being male, female, or some combination of the two.

Androgyny

The combination of masculine and feminine characteristics into an ambiguous form, often related to gender identity, behavior, and fashion.