In Each Group Below, Select the Letter of the Sentence

question 12

Multiple Choice

In each group below, select the letter of the sentence that uses concise, fresh, and exact language. Which sentence uses concise, fresh, and exact language?

• A) On Saturdays, Faris completes his homework assignments and prepares for the next week's classes.
• B) On Saturdays, Faris completes his assigned exercises and writing assignments and reads the chapters related to the next week's lessons.
• C) On Saturdays, Faris completes his schoolwork.

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Definitions:

Effective Annual Rate

The interest rate on a loan or financial product restated from the nominal rate as an annual rate, reflecting the effects of compounding.

Compounded Monthly

The process of adding interest to a principal sum of money, with the interest that is added also earning interest, occurring on a monthly basis.

Insurance Annuity

A financial product offered by insurance companies that provides regular payments to the holder for a specified period or for life in exchange for an initial investment.

Rate Of Return

The percentage of gain or loss on an investment over a specified period, representing the profitability as a ratio of original investment.