5. a. 24 years
b. 14.4 years
c. 10.28 years
d. 4 years
e. 3 years
KEY CONCEPTS
1. What is another return rate for "rate of investment"?
- Another term for return rate is return of investment.
2.How do you convert a decimal to a percentage?
-You divide the decimal over 100.
3. What is a "quick way" to convert a decimal into a percentage?
- A quick way to convert a decimal to a percentage by moving the decimal to the right two times.
4. Why can businesses started by young people face a lower risk of failure than adult businesses?
-
5. What else can be invested besides money?
- Besides money, time and energy can be invested.
IN YOUR OPINION
1. If i baby-sit my neighbors baby i would charge $10 for 2 hours.
2. When I help my mom with laundry i do it for free because we are family and i do not charge family.
3. I would like to get paid small profit but since its volunteer i do it to help the people.
4. I lend a friend $20 i would expect to at least get $50 back.
Critical Thinking
b. 14.4 years
c. 10.28 years
d. 4 years
e. 3 years
KEY CONCEPTS
1. What is another return rate for "rate of investment"?
- Another term for return rate is return of investment.
2.How do you convert a decimal to a percentage?
-You divide the decimal over 100.
3. What is a "quick way" to convert a decimal into a percentage?
- A quick way to convert a decimal to a percentage by moving the decimal to the right two times.
4. Why can businesses started by young people face a lower risk of failure than adult businesses?
-
5. What else can be invested besides money?
- Besides money, time and energy can be invested.
IN YOUR OPINION
1. If i baby-sit my neighbors baby i would charge $10 for 2 hours.
2. When I help my mom with laundry i do it for free because we are family and i do not charge family.
3. I would like to get paid small profit but since its volunteer i do it to help the people.
4. I lend a friend $20 i would expect to at least get $50 back.