Which of the Following Is the Correct Statement

question 2

Multiple Choice

Which of the following is the correct statement?

• A) An open means that there is continuity in the circuit.
• B) A short bypasses a portion of the circuit.
• C) High amperage draw indicates an open circuit.
• D) High resistance in a circuit increases current flow.

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Definitions:

Present Value Factor

A number by which a future payment is multiplied to determine its present value.

Annuity

An economic scheme that delivers fixed periodic earnings to recipients, usually serving as financial support for those retired.

Payments

Transactions where a good or service is exchanged for monetary compensation.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.