Which Is Most True of an Annual Rate of 4

question 59

Multiple Choice

Which is most true of an annual rate of 4% compounded quarterly?

• A) It is equivalent to 4.4% paid annually.
• B) It is equivalent to 16.99% paid annually.
• C) It is equivalent to 1% simple interest paid quarterly.
• D) It is equivalent to 4.06% paid annually.

Identify the necessity of ongoing evaluation and record-keeping in investment management.

Grasp the role of employer-sponsored retirement programs in personal finance.

Comprehend the various risks associated with investing, including interest rate, market, inflation, and business failure risks.

Understand how different factors, such as safety and liquidity, influence investment decisions.

---

Definitions:

Embryonic Stage

A period in prenatal development occurring from the end of the second week through the eighth week after conception, where major organs and structures within the organism begin to develop.

Germinal Stage

The first two weeks of prenatal development after conception, characterized by rapid cell division and the beginning of cell differentiation.

Foetal Stage

The developmental stage of a fetus from 9 weeks after fertilization until birth, characterized by rapid growth and development of bodily structures.

Prenatal Period

The stage of development before birth, from conception to birth, focusing on fetal growth and development within the womb.