?Five years ago, Brian had invested $14,850 in a growth fund. The investment is worth $22,000 today. If the interest was compounded annually, what is the annual rate of return earned on the investment?
A. 7.25%?
B. ?8.18%
C. ?9.52%
D. ?10.75%
E. ?11.66%
Answer: B
You might also like to view...
Which of the following is an example of verbal communication?
A. a face-to-face conversation B. nodding your head C. responding to a text D. slumping in your chair
Keeping client information confidential The rule on confidentiality is intended to protect the client's information. The rule, however, does not apply in certain circumstances. A. Explain the rule on confidentiality. B. Identify the circumstances in which the rule of confidentiality does not apply
Collecting too much information is one of the major deterrents to good report writing
Indicate whether the statement is true or false
The difference between quantitative and qualitative analyses is that:
A. quantitative analysis employs member checking. B. qualitative data analysis is largely inductive. C. the data used in qualitative analyses is numerical in nature. D. quantitative analysis tends to be ongoing and iterative. E. qualitative data quantifies the magnitude of variables.