In Order to Take Advantage of the Time Value of Money

question 39

Multiple Choice

In order to take advantage of the time value of money you should do all of the following, except

• A) pay bills electronically so you can delay payments and still ensure on-time payment.
• B) pay bills a little later than the due dates to take advantage of month-ending interest on your savings account.
• C) use settings on many bill-paying Web sites that allow you to set a future date for payment once you receive a bill.
• D) make use of your money while you have it, but always make payments by the due dates.

---

Definitions:

Sociological Research

The systematic study of social behaviors, structures, and functions to understand and predict human social interactions.

Code of Ethics

A set of principles and rules used by individuals or groups to guide decision-making and actions, ensuring integrity and ethical conduct within a professional or organizational context.

Institutional Review Board (IRB)

A committee established to review and approve the ethical aspects of research studies involving human subjects, ensuring that the studies are conducted ethically and the rights of participants are protected.

Research Project

A systematic investigation undertaken to gather information, analyze data, and generate new knowledge on a specific topic or question.