One of the Advantages of a Pie Chart Is That

question 16

True/False

One of the advantages of a pie chart is that it clearly shows that the total percentages of all the categories add to 100%.

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Definitions:

Compounded Monthly

This refers to the technique of computing interest monthly by taking into account not just the initial amount invested but also the interest that has been accrued in earlier periods.

IRA

Individual Retirement Account, a tax-advantaged investing tool that individuals use to earmark funds for retirement savings.

After taxes

Refers to the net income after all tax expenses have been deducted.

Compounded Monthly

A method of calculating interest whereby the accumulated interest is added back to the principal sum, and future interest is calculated on the new total each month.