Interest Rate: Ray Has $5,000 to Invest in a Small

question 83

Multiple Choice

Interest rate: Ray has $5,000 to invest in a small business venture. His partner has promised to pay him back $8,200 in five years. What is the return earned on this investment?

• A) 9.3%
• B) 8.7%
• C) 11.1%
• D) 10.4%

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Definitions:

Reduce Stress

Techniques or practices aimed at decreasing physical or emotional tension and promoting overall well-being.

Inadequate Sleep

Not obtaining the sufficient amount of sleep required for optimal health and functioning.

Weight Gain

An increase in body weight, which can result from an excess of calorie intake over calorie expenditure.

Type 2 Diabetes

A chronic condition that affects the way the body processes blood sugar (glucose), characterized by insulin resistance or a lack of insulin.