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If a Method of Contraception Has a 6% Failure Rate

question 37

True/False

If a method of contraception has a 6% failure rate, then you would expect the same probability of getting pregnant in one year of use as you would in 10 years of use.


Definitions:

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a regular basis.

Nominal Rate

The officially declared or promoted rate of interest for a loan or investment, excluding the effects of compounding or any associated fees.

Loan

A borrowed sum of money that is expected to be paid back with interest.

Investment

Distributing capital or resources with the goal of achieving financial gain or income.

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