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Units of Measurement Are Important

question 9

Short Answer

Units of measurement are important.If a graph showed the number of crimes in each state for a given year, this would be misleading; the __________ should be reported instead.


Definitions:

Cash Rebate

A partial refund to someone who has paid too much money for tax, rent, or a utility, or as a promotional incentive from the purchase of goods or services.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or savings account, taking into account the effect of compounding.

Annuitant

The individual who receives the benefits or payments from an annuity plan.

Annuity

A finance-related product that ensures a continual payment stream to a recipient, mainly used in planning for life after work.

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