Would a Depositor Prefer an APR of 8% with Monthly

question 29

Multiple Choice

Would a depositor prefer an APR of 8% with monthly compounding or an APR of 8.5% with semiannual compounding?

• A) 8.0% with monthly compounding
• B) 8.5% with semiannual compounding
• C) The depositor would be indifferent.
• D) The time period must be known to select the preferred account.

---

Definitions:

Role Expectations

The anticipated behaviors and actions expected from an individual in a specific position within a social or organizational context.

Role Ambiguity

The uncertainty and lack of clarity about one's job functions, expectations, and responsibilities within an organization.

Work-Home Conflict

A form of tension occurring when the demands of work and home life are incompatible and negatively affect each other.

Interrole Conflict

A psychological tension that occurs when the expectations of multiple roles that an individual occupies are incompatible.