A Detailed Description of a Particular Individual Based on Careful

question 212

Multiple Choice

A detailed description of a particular individual based on careful observation or formal psychological testing is called a(n) :

• A) observational study.
• B) correlational study.
• C) case study.
• D) survey.

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Definitions:

Ordinary Annuity

Invariable payments issued at the terminal of consecutive intervals over an exact length of existence.

Nominal Interest

The rate of interest before adjustments for inflation, as opposed to real interest rates which are adjusted.

Effective Rate

The actual annual interest rate that is earned or paid on an investment, taking compounding into account.

Compounding Interval

The frequency with which interest is added to the principal balance of an investment.