A Pair of Tweezers Is a Good Example of a Second-Class

question 23

True/False

A pair of tweezers is a good example of a second-class lever.

---

Definitions:

Rate of Return

The profit or deficit incurred on an investment during a certain timeframe, represented as a proportion of the investment's original price.

Maturity Date

The date on which the principal and accrued interest on an investment or loan are due.

Compounded Monthly

A financial mechanism where interest earnings are recalculated each month, resulting in increased earnings over time due to the effect of compounding.

Withdrawals

The act of taking money out of an investment or bank account.