{"id":367,"date":"2017-11-08T10:42:21","date_gmt":"2017-11-08T04:42:21","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/sixteen-years-ago-alicia-invested-1000-eight-years-ago-travis-investments\/"},"modified":"2017-11-08T10:42:21","modified_gmt":"2017-11-08T04:42:21","slug":"sixteen-years-ago-alicia-invested-1000-eight-years-ago-travis-investments","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/sixteen-years-ago-alicia-invested-1000-eight-years-ago-travis-investments\/","title":{"rendered":"Sixteen years ago, Alicia invested $1,000. Eight years ago, Travis &#8230; investments?"},"content":{"rendered":"<p>Sixteen years ago, Alicia invested $1,000. Eight years ago, Travis invested $2,000. Today, both Alicia&#8217;s and Travis&#8217; investments are each worth $2,400. Assume that both Alicia and Travis continue to earn their respective rates of return. Which one of the following statements is correct concerning these investments?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"education_level":[],"class_list":["post-367","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"Sixteen years ago, Alicia invested $1,000. Eight years ago, Travis invested $2,000. Today, both Alicia's and Travis' investments are each worth $2,400. Assume that both Alicia and Travis continue to earn their respective rates of return. Which one of the following statements is correct concerning these investments?Answer:One year ago, Alicia's investment was worth less than Travis' investment.","mcq_options":[{"right":"no","answer":"Three years from today, Travis' investment will be worth more than Alicia's. "},{"right":"yes","answer":"One year ago, Alicia's investment was worth less than Travis' investment. "},{"right":"no","answer":"Travis earns a higher rate of return than Alicia. "},{"right":"no","answer":"Travis has earned an average annual interest rate of 3.37 percent. "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=367"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=367"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=367"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=367"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}