The faculty member believe this was a Ponzi-type scheme because it states that there is Higher Rate of Return if one has a higher return on investment and that it is about 44 % and even more in 12 days, if one invest.
<h3>What is a Ponzi Scheme?</h3>
A Ponzi scheme is known to be a form of an investment fraud that is said to pay their existing investors using funds obtained from other new investors.
Note that in the passage, It tells that a person could invest $6 to $6,000 and gets about 44 percent return in 12 days an this made the faculty member believe that it was a Ponzi-type scheme
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yes if you can
because it may be harder if you are weak .
But don't let your hope to be down .
PSAT 1p is for junior and PSAT/NMSQT is for higher level .
hope it is helpful to you
It Is 2030.
Explanation: We See that The Graph is going well up till 16 years. After 16 years the graph goes down. The Graph Starts from Year 2014. So after 16 years, It means 2014+16=2030.
Answer:
The answer is B I just took the test!
