Patrick Smith Has $5,000 to Invest in a Small Business

question 94

Multiple Choice

Patrick Smith 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:

Spinal Accessory

Pertains to the eleventh cranial nerve (accessory nerve) that supplies the sternocleidomastoid and trapezius muscles, facilitating shoulder and neck movements.

Axillae

The underarm area of the body, where the arm connects to the shoulder, containing sweat glands and lymph nodes.

Inguinal Area

The region of the lower abdomen just above the groin, where the leg meets the torso, often associated with hernias.

Lymph Nodes

Small, bean-shaped structures that are part of the lymphatic system and function as filters for harmful substances.