As Your Elderly Uncle Bill Approaches Retirement, He Asks for Your

question 263

Multiple Choice

As your elderly Uncle Bill approaches retirement, he asks for your advice for a safe place to invest several thousand dollars. He wants to receive some kind of payment each year for investing his money without a great deal of risk. You explain:

• A) Yankee bonds are certain not to default.
• B) common stock always pays quarterly dividends.
• C) junk bonds do not pay annual interest.
• D) treasury and top-grade corporate bonds pay interest two times each year.

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Definitions:

Battery Bank

A battery bank is a collection or group of batteries that are connected together to store electrical energy for use in power systems.

Cold Cranking Amp

A rating used to define a battery's ability to start an engine in cold temperatures, indicating the number of amps a battery can support for 30 seconds at 0 °F without dropping below a specified voltage.

Degrees Fahrenheit

A temperature scale where the freezing point of water is 32 degrees and the boiling point is 212 degrees, primarily used in the United States.

Isolated Battery

A battery system that is physically separated from other components, often for safety or functional reasons.