Multiple Choice
Ivan Valentine made $4,000 on an investment which yielded an 8% return after 1 year. How much did Ivan invest?
A) $40,000
B) $50,000
C) $60,000
D) $70,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q68: Yar Ebadi lost $5,000 on an investment
Q69: Bobby Bell has $500,000 and is considering
Q70: Dan Short invested $7,000 on October 1,2009,and
Q71: When an investment loses money,the amount of
Q72: Frank Gatta invested $15,0000 in a bank
Q74: The present value on April 1,2010 of
Q75: Steve MacIntosh would like to have $20,000
Q76: If you are loaning money,which of the
Q77: How will the present value of a
Q78: Explain how inflation risk,business risk,and liquidity risk