Question
1. If the average, long term inflation rate is 3%, how many years does it take for prices to double? 24 years 36 years 12
1.
If the average, long term inflation rate is 3%, how many years does it take for prices to double?
| 24 years | ||
| 36 years | ||
| 12 years | ||
| 6 years |
2.
Over dinner, one of your friends is bragging about an investment that is "sure to double in value in two years." If this was true, what is the rate of return your friend would be receiving?
| 36% | ||
| 18% | ||
| 24% | ||
| 12% |
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The Future For Investors
Authors: Jeremy Siegel
1st Edition
140008198X, 978-1400081981
