Gary Hart Followed the Pattern When He 'Declared His "Interest

question 20

Essay

Gary Hart followed the pattern when he 'declared his "interest" in the presidency' (as the Washington Post chastely put it) by announcing that he won't run for reelection to the Senate this year.
Good luck to Hart. I voted for him once before and wouldn't mind voting for him again. But really. Is this necessary?"
-"TRB from Washington," in The New Republic

Analyze the performance of mutual funds based on historical data to calculate their compounded annual returns.

Understand and apply the concept of interest rate calculation.

Calculate equivalent annual rates of return on investments.

Determine the effective rate of interest for different compounding periods.

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Definitions:

Metacognition

The awareness and understanding of one's own thought processes, often referred to as "thinking about thinking."

Abstract Thinking

The ability to think about objects, principles, and ideas that are not physically present.

Symbolic Thinking

The ability to use symbols, images, or objects to represent something that is not physically present, commonly seen in language, mathematics, and art.

Logical Thinking

The process of reasoning consistently and systematically to come to a conclusion.