At 8%, Compounded Annually, How Long Will It Take $750

question 43

Multiple Choice

At 8%, compounded annually, how long will it take $750 to double?

• A)9 years
• B)8 years
• C)12 years
• D)4 years

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Definitions:

Managers

Individuals who take responsibility for directing the activities within a part of an organization, overseeing employees, and making strategic decisions.

Adjourning Stage

The final phase in group development where the group wraps up activities and the members go their separate ways.

Celebratory

Pertaining to or involving activities done in honor of an event or achievement.

Appreciation

An increase in the value of an asset over time.