In Reading a Table That Someone Else Has Constructed,the Rule

question 38

Multiple Choice

In reading a table that someone else has constructed,the rule of thumb is:

• A)if the table is percentaged down,read across,and if the table is percentaged across,read down.
• B)if the table is percentaged down,read down.
• C)if the table is percentaged across,read across.
• D)if the table is percentaged down,read down and if the table is percentaged across,read across.
• E)all of these choices are good rules of thumb for reading a table that someone else constructed.

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Definitions:

Market Rate

The prevailing price or interest rate in the market for goods, services, or securities.

Interest

The payment made for the use of (borrowed) money.

Total Fertility Rate

The average number of children a woman is expected to have during her lifetime in a specific population.

Present Value

The present value of a future amount of money or series of cash flows, using a given rate of return.