Which of the Following Statements Is Most Accurate

question 40

Multiple Choice

Which of the following statements is most accurate?

• A) primates have cultural and biological evolution to ensure biological success
• B) because of culture, humans have progressed much further biologically than other animals
• C) humans are more biologically successful than other animals
• D) each species follows a distinctive evolutionary course to ensure biological success

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, accounting for time value of money.

Compounded Annually

A method of calculating interest where the interest is added to the principal at the end of each year, and the following year's interest is calculated on the total amount.

Amortization of Bond Discount

The gradual reduction of a bond discount over the life of the bond, transferring it from the balance sheet to interest expense on the income statement.

Semiannual Interest

Interest that is calculated and paid twice a year on investments or loans.