Which of the Following Refers to the Rate of Return

question 10

Multiple Choice

Which of the following refers to the rate of return or discount rate used to determine future value (FV) or present value (PV) ?

• A) Principal.
• B) Interest.
• C) Rule of 72.
• D) TVM.

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Definitions:

Puffing

The use of generalities and clear exaggerations.

Consumer Education

Programs and efforts designed to inform individuals about their rights, responsibilities, and savvy practices when purchasing goods and services.

Legal Action

The process of pursuing a lawsuit or litigation to enforce or defend one's legal rights.

Ad Substantiation

An FTC standard requiring that advertisers have a reasonable basis for the claims made in their ads.