An Accountant Explains How to Construct a "CD Ladder," a Technique

question 59

Multiple Choice

An accountant explains how to construct a "CD ladder," a technique that enables investors to benefit from the high interest rates of long-term certificates of deposit without losing access to their money for overly long periods of time. This is an example of which type of informative presentation?

• A) exploratory
• B) explanatory
• C) descriptive
• D) demonstrative

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Definitions:

Electrons

Subatomic particles with negative charge, found in all atoms and acting as the primary carrier of electricity in solids.

Atomic Number

The quantity of protons present in an atom's nucleus, which dictates the element's chemical characteristics and position within the periodic table.

Alchemists

Ancient practitioners who sought to transform base metals into noble metals, such as gold, and to discover a universal cure for disease and a way of extending life.

Lead

A heavy metal element with the symbol Pb, known for its malleability, poor conductivity, and various uses and health impacts.