Complete the Sentence: on an Annual Basis the First Set

question 191

Multiple Choice

Complete the sentence: On an annual basis the first set of expenses is ____ % of the second set of expenses.
-Julio goes to a concert once every two weeks at an average ticket price $70; he spends $600 per year on car insurance.

• A)25%
• B)607%
• C)303%
• D)140%

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Definitions:

Risk-Management

The process of identifying, analyzing, and responding to risk factors throughout the life of a project or business to mitigate risks.

Investment Policy Statement

A document that outlines an individual's or entity's investment objectives and strategies.

Relevant Constraints

Factors or limitations that affect the choices available to a business or individual when making decisions.

Investment Guidelines

Rules or criteria laid out by an investor or fund manager to guide the selection and management of investments.