A Magnetic Compass Points Towards the North Geographic Pole of the Earth

question 7

Multiple Choice

A magnetic compass points towards the north geographic pole of the Earth because

• A) all magnetic poles, north or south, point that way due to the spin of the Earth.
• B) the static electricity in the atmosphere causes the alignment of the compass.
• C) there is a north magnetic pole near the north geographic pole.
• D) there is a south magnetic pole near the north geographic pole.

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Definitions:

Net Cash Flows

The amount of cash generated or lost over a period, considering all cash inflows and outflows.

Clam Digger

An individual who engages in the activity of harvesting clams from their natural habitats, typically in coastal areas.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.