The Following Sentences Form a Paragraph

question 23

Multiple Choice

The following sentences form a paragraph. Select the correct word for each blank. Zamboni invented a machine that would scrape the ice, collect the old ____, and add water to the new surface, all at the same time.

• A) shavings
• B) shaving's

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Definitions:

Annual Rate

The interest rate for a whole year, as opposed to a shorter period, such as monthly or quarterly.

Compounded Annually

The calculation of interest on the original principal and the accumulated interest of prior periods, applied once per year.

Quarterly Payments

Payments made four times a year at three-month intervals, often used in loan repayments.

Semi-Annually Compounded

Refers to the process of calculating and adding interest to a principal sum twice a year.