Experiences, Traits, or Issues That Make an Outcome More Likely

question 28

Multiple Choice

Experiences, traits, or issues that make an outcome more likely are referred to as ______.

• A) aggravating factors
• B) mitigating factors
• C) risk factors
• D) experimental factors

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Definitions:

Equivalent Financial Position

A state in which two or more financial scenarios provide the same economic value or utility to an investor or individual.

Focal Date

A specific date used as a reference point for calculations in financial transactions, especially in annuities and other periodic payments.

Maturity Value

The amount payable to an investor at the end of a fixed term investment, including the principal and any accrued interest.

Simple Interest Rate

The interest rate applied to the principal amount only, without compounding over a period.