The Number of Periods Is Equal To

question 38

Multiple Choice

The number of periods is equal to:

• A) Number of years divided by rate
• B) Number of years * rate
• C) Number of years * number of times compounded per year
• D) Number of years divided by number of times compounded per year
• E) None of these

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Definitions:

Journeymen

Skilled workers who have completed their apprenticeships but are not yet masters, typically traveling to gain experience.

Nobles

Members of the aristocracy or nobility, a class of people in various societies who traditionally have special social or political status, often hereditary.

Lineage

A sequence of direct ancestors and descendants in genealogy or the development of something over time.