James plans to fund his individual retirement account, beginning today, with 20 annual deposits of $2,000, which he will continue for the next 20 years
If he can earn an annual compound rate of 8 percent on his deposits, the amount in the account upon retirement will be ________.
A) $19,636
B) $91,524
C) $98,846
D) $21,207
C
Business
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Alexis bought a stock for $34 a share two years ago. The stock does not pay any dividends. Today she sold the stock for $28.50 a share. What was her internal rate of return on this investment?
A) 9.22% B) -9.22% C) 19.30% D) -8.44%
Business
To achieve the maximum possible quality in a product, ________ must be built into the process of its production
A) quality control B) visibility C) resources D) a feasibility study
Business