An Inductive Argument Is One in Which

question 23

Multiple Choice

An inductive argument is one in which:

• A)there is no conclusion
• B)there is only one premise
• C)the truth of the premises is enough to guarantee the truth of the conclusion
• D)the truth of the premises is not enough to guarantee the truth of the conclusion
• E)something is proven false rather than proven true

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Definitions:

Compounded Annually

Pertains to the calculation of interest on both the initial principal and the accumulated interest from previous periods, applied once per year.

Perpetuity

A financial instrument that pays a constant stream of interest payments indefinitely.

Compounded Monthly

Calculating interest on a principal sum along with any accumulated interest of the previous periods with each cycle occurring every month.

Trust Fund

A legal arrangement where assets are held by a trustee for the benefit of another person or group.