Question
1. If there were 12 million tons of espresso produced in 1988 and 170 million tons of espresso produced in 2015, what was the annual
1.
If there were 12 million tons of espresso produced in 1988 and 170 million tons of espresso produced in 2015, what was the annual growth rate in espresso from 1988 to 2015?
Group of answer choices
4.8%
9.4%
11.9%
9.9%
10.3%
2.
Who is the entity that appoints the Chief Executive Officer (CEO) of the company?
Group of answer choices
The stockholders appoint the CEO
The CEO is the founder of the company
The Chairman of the Board of Directors appoints the CEO
The board of directors appoints the CEO
The person with the largest amount of stock appoints the CEO
3.
An analyst wants to save $10,000 for a new car and currently has $8,000. If she invests the $8,000 at a 5% annual interest rate, how long will it take for this investment to reach $10,000?
Group of answer choices
4.2 years
4.6 years
5.0 years
4.9 years
5.6 years
4.
$3,400 was deposited into an account twelve years ago. An additional $1,000 was added into the same account seven years ago. The account earned 8.00%, compounded annually, for the first 5 years and then 5.50%, compounded annually, for the last 7 years. How much money is in the account today?
Group of answer choices
$7,412
$6,717
$8,708
$8,722
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