Which of the Following Statements Is CORRECT,assuming Positive Interest Rates

question 54

Multiple Choice

Which of the following statements is CORRECT,assuming positive interest rates and holding other things constant?

• A) The present value of a 5-year,$250 annuity due will be lower than the PV of a similar ordinary annuity.
• B) A 30-year,$150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage.
• C) A bank loan's nominal interest rate will always be equal to or less than its effective annual rate.
• D) If an investment pays 10% interest,compounded annually,its effective annual rate will be less than 10%.
• E) Banks A and B offer the same nominal annual rate of interest,but A pays interest quarterly and B pays semiannually.Deposits in Bank B will provide the higher future value if you leave your funds on deposit.

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Definitions:

Unified Protocol

A transdiagnostic cognitive-behavioral therapy designed to treat a range of emotional disorders through common underlying processes.

Emotion-Focused/Experiential

A therapeutic approach that emphasizes understanding and addressing emotional experiences to facilitate healing and growth.

Experiential Therapies

Therapeutic approaches that emphasize experiencing feelings and emotions in the present, often through activities like role-playing, music, art, or outdoor experiences.

Cognitive Therapies

A group of psychotherapies that focus on identifying and changing negative thought patterns, beliefs, and attitudes.