Select the Letter of the Word in the Sentence That

question 14

Multiple Choice

Select the letter of the word in the sentence that is a look-alike/sound-alike error. If your going by the sports shop, please pick up two pairs of goggles.

• A) your
• B) by
• C) two

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Definitions:

Compounded Annually

The process where interest earned in one period is added to the principal sum and then interest in the next period is calculated on the new total.

Ordinary Annuity

A series of equal payments made at regular intervals, such as monthly or annually, with the payments occurring at the end of each period.

Investment Account

A financial account held by an investment dealer that enables individuals to purchase securities such as stocks, bonds, and mutual funds.

Annually

Happening annually.