If You Invest $1,525,000 in a Business and Earn a Return

question 31

Multiple Choice

If you invest $1,525,000 in a business and earn a return of $775,000, what is your ROI?

• A) 51%
• B) 42%
• C) 45%
• D) 37%
• E) 57%

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Definitions:

Funeral Arrangements

The planning and provisioning for the burial or cremation and memorial services for a deceased person.

Will

A legal document by which a person expresses their wishes as to how their property is to be distributed at death, and names one or more persons to manage the estate.

Trust

A fiduciary relationship in which one party holds property or assets for the benefit of another based on an agreement.

Codicil

An addition or amendment made to a will, which may add to, modify, or revoke portions of the document.