$9$

Multiple Choice

$1$ point

Malik invests $$10,000$ at a rate of interest of $5$ percent for $40$ years. Which of the following statements about the return on the investment is true?

Option $1$: Malik will receive more money at the end of $30$ years compared to the money received at the end of $40$ years.

Option $2$: Malik will receive more money at a $3$ percent rate of interest instead of the existing rate.

Option $3$: Malik will receive interest of $$5,000$ at the end of $10$ years.

Option $4$: Malik will receive no interest on the investment at the end of the investment period.

Option $5$: Malik will receive a significant amount at the end of the investment period, due to the feature of compounding.