A Sentence with a Fixed Term of Incarceration That Can

question 3

Multiple Choice

A sentence with a fixed term of incarceration that can be reduced by good time is called a(n) :

• A) indeterminate sentence.
• B) mandatory sentence.
• C) determinate sentence.
• D) presumptive sentence.

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Definitions:

Rate of Return

The profit or deficit incurred on an investment throughout a designated period, shown as a percentage of the investment's starting value.

Savings Account

A savings account is a bank account where you can store money securely while earning interest on your balance.

EAR

Effective Annual Rate (EAR) is a measure of interest that takes into account the effects of compounding over a given period.

Compounded Monthly

Interest calculated on an investment or loan each month based on both the initial principal and the accumulated interest from previous months.