Your Family Is an Example of a

question 49

Multiple Choice

Your family is an example of a

• A)primary group.
• B)social group.
• C)public group.
• D)service group.
• E)learning group.

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Definitions:

Compound Interest

This form of interest computation involves calculating interest on both the initial principal amount and any interest that has accrued in the past periods on a loan or deposit.

Percent Equivalent

The numeric representation of a ratio or fraction as a part of 100.

Fraction

A numerical quantity that is not a whole number, represented by two numbers divided by a line, indicating part of a whole.

Decimal Equivalent

The number obtained by dividing the numerator by the denominator in a fraction, expressed in decimal form.