What Are Some Uses of Magnetic Reversals

question 148

Multiple Choice

What are some uses of magnetic reversals?

• A) matching the patterns of reversals in a rock sequence to the magnetic timescale
• B) studying magnetic stripes on the seafloor
• C) calculating rates of seafloor spreading
• D) all of these

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Definitions:

Present Value

Present value is the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Money Market Securities

Short-term debt instruments, commonly including treasury bills, commercial paper, and certificates of deposit, known for their liquidity and low-risk profile.

Lockbox System

A banking service offered to businesses for collecting payments from clients, using a dedicated post office box to accelerate the process of gathering checks.

Treasury Bills

Short-term government securities with maturity periods typically less than a year, considered very safe investments.