Effective Rate (APY)is

question 94

Multiple Choice

Effective rate (APY) is:

• A)Never related to compound table
• B)Interest for one year divided by annual rate
• C)Interest for one year divided by principal for two years
• D)Interest for one year divided by principal
• E)None of these

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Definitions:

Zone of Proximal Development

The distance between what a learner can do without help and what he or she can achieve with guidance and encouragement from a skilled partner.

Reciprocal Teaching

An instructional activity in which students and teachers take turns leading discussions about a text's content.

Concrete Operations

A stage in cognitive development, as proposed by Piaget, where children gain the ability to think logically about concrete (physical) problems and situations.

Transition Learning

The process of learning that takes place during periods of change from one state or phase to another.