Which of the Following Is a Counterexample to the Statement

question 42

Multiple Choice

Which of the following is a counterexample to the statement that mammals don't lay eggs?

• A) Whales are mammals, and they don't lay eggs.
• B) Snakes lay eggs.
• C) Platypuses are mammals, and they lay eggs.
• D) There might be mammals that scientists haven't discovered yet.

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Definitions:

Compounded Quarterly

Involves calculating interest on an investment by adding the accrued interest back into the principal at the end of each quarter, effectively earning interest on interest.

GIC

Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period, typically without the risk of losing the principal invested.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Nominal Interest Rate

The interest rate as stated on a loan or financial product, not taking into account inflation or fees.