In a Valid Argument, If the Premises Are True, Then

question 17

Multiple Choice

In a valid argument, if the premises are true, then the

• A) argument is cogent.
• B) conclusion is probably true.
• C) conclusion may or may not be true.
• D) conclusion absolutely has to be true.

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Definitions:

RRSP

A Registered Retirement Savings Plan, a tax-deferred retirement savings account available in Canada.

Annuity

A financial instrument designed to offer a steady flow of income to someone, mainly used for retirement purposes.

Quarterly

Pertaining to something that occurs every three months or four times a year.

Life Annuity

An insurance product that guarantees regular payments to the annuitant for life, in exchange for an initial investment.