The rate of return earned on an investment of $50,000 today that guarantees an annuity of $10,489 for six years is approximately ________
A) 5%
B) 7%
C) 10%
D) 12%
B
Business
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Managers can run a business with only human and physical resources.
a. true b. false
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A fund's reinvestment plan allows investors to
A) make periodic deposits to the fund from their checking accounts. B) make regular withdrawals from the fund. C) reinvest all dividends and/or capital gains into the fund's shares. D) reinvest profits from one fund into shares of another fund.
Business