Suppose the investment rate of return were 18%. At this rate, when would Arnold reach the $1,000,000 mark?

A) at age 42
B) at age 54
C) at age 62
D) at age 68

Answer: C

Business

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Which type of professional is involved in the compensation functions such as building job structures, market competitive pay systems, and merit pay structures?

A) compensation generalist B) HR specialist C) compensation specialist D) HR generalist

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Reduction in production cost results in ________

A) better customer service B) lower shareholder value C) increased profitability D) increased competition

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