Multiple Choice
If you invest $100 now and end up with $200 at the end of one year, what is the annual interest rate?
A) 50 percent
B) 100 percent
C) 200 percent
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Globalization has caused all except<br>A) Increased dependency
Q38: Vincent quit his $180,000-a-year job as an
Q39: Before Sarah quit her job as a
Q40: Which theory of profit holds that a
Q41: You will receive $1,000 payment in 1
Q43: The modern theory of the firm postulates
Q44: A firm is expected to earn a
Q45: Which of the following refers to the
Q46: Business profit is equal to total revenue
Q47: Alternative theories of the firm have proven