​Ethan Wrote the Proposal for MPEX Associates and Submitted It

question 55

Multiple Choice

​Ethan wrote the proposal for MPEX Associates and submitted it on May 1 is an example of a

• A)simple sentence.
• B)c​ompound sentence.
• C)complex sentence.
• D)​compound-complex sentence.

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Definitions:

Deferred Annuity

An insurance product that provides future payments to the holder, starting at a designated date rather than immediately.

Ordinary Annuity

Identical sums disbursed following each period within an allotted timeframe.

Conditional Sale Contract

A contract agreement where the sale is contingent upon fulfilling certain conditions or terms.

Compounded Monthly

The process by which interest is calculated on both the principal and the accumulated interest on a monthly basis.