What Is Parallax

question 3

Multiple Choice

What is parallax?

• A) distance to an object, measured in parsecs
• B) angle taken up by the size (e.g., diameter) of an object, as seen by an observer
• C) shift in angular position of an object as it moves in space
• D) apparent shift in position of an object as the observer moves

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Definitions:

Effective Rate

The interest rate on a loan or investment, adjusted for the effect of compounding.

Interest Rate

The rate at which a borrower is charged interest for the money borrowed from a lender.

Cash Rebate

A partial refund to someone who has paid too much money for tax, rent, or a utility, or as a promotional incentive from the purchase of goods or services.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or savings account, taking into account the effect of compounding.