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Calculating Investment Returns
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Calculating Investment Returns

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Questions and Answers

Based on the information provided, what is the annual rate of return earned on the investment?

  • 6% (correct)
  • 2%
  • 4%
  • 8%
  • How much is the initial investment for an annuity of $10,000 for six years?

  • $5,000
  • $20,000 (correct)
  • $10,000
  • $30,000
  • How long will the annuity payments last?

  • 6 years (correct)
  • 8 years
  • 2 years
  • 4 years
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