Approximately How Much Would You Need to Invest Today,to Receive

question 24

Multiple Choice

Approximately how much would you need to invest today,to receive $200 in ten years,if you received an annual interest rate of ten percent?

• A)$65
• B)$77
• C)$87
• D)$97

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Definitions:

Ross Perot

An American business magnate and politician best known for his third-party presidential runs in 1992 and 1996, focusing on fiscal responsibility and political reform.

Bipartisan System

A political system in which two major parties dominate the government and political landscape at any given time.

Dick Cheney

A prominent American politician and businessman who served as the 46th Vice President of the United States under President George W. Bush.

National Security

A state or country's goal to maintain the survival of the state through necessary measures, including economic security, strength in defense, and diplomacy.