The Value 3.42e-4 Is Equivalent to _____

question 2

Multiple Choice

The value 3.42e-4 is equivalent to _____.

• A) 3420000
• B) .000342
• C) -3.420000
• D) -.000342

---

Definitions:

Investment

Disbursing funds or other assets with the aim of earning returns or profits.

Average Annual Rate

A financial term indicating the average amount of interest earned or paid per year over the life of an investment or loan.

Enrolment

The process of registering or entering into a program, course, or institution.

Compounded Semiannually

Interest calculation method where interest is added to the principal sum twice a year, leading to interest on interest.