Suppose that you make a fixed deposit of $1,000 in Bank X, and $500 in Bank Y. The value of each investment at the end of each subsequent year is provided in the table:
Which of the two banks provide a better return over this time period?
Definitions:
Stocks
Financial instruments that represent ownership shares in a company, allowing investors to partake in the company's profits and governance.
Corporate Directors
Individuals elected by the shareholders of a corporation to oversee and make decisions about the corporation's management and governance.
Unanimous Vote
A vote in which all members of a given group or assembly agree on a single decision or outcome.
Majority Vote
A voting outcome where more than half of the votes cast decide an issue or election.
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