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

question 70

Multiple Choice

Interest rate: Ray Seo 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%

---

Definitions:

Cancer

Refers to a group of diseases that are characterized by an uncontrolled growth and spread of abnormal cells.

Leukemic Children

Children who are diagnosed with leukemia, a type of cancer that affects the blood and bone marrow, characterized by the production of an excessive amount of abnormal white blood cells.

Myra Bluebond-Langner

An anthropologist known for her in-depth work on children with terminal illness and their families.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.