If demand changes greatly with price, the demand is inelastic

Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at $91 per share. At what annual rate did the value of his investment grow?

A) about 95% B) about 48% C) about 69% D) about 12%

One of the problems in making a monthly budget is that some expenses fluctuate quite a bit from month to month

Indicate whether the statement is true or false.