Which of the Following Is Not Recommended in Formal Business

question 3

Multiple Choice

Which of the following is not recommended in formal business writing?

• A)Use of contractions
• B)Placing a comma between city and state names
• C)Spelling out numbers one to nine and using numerals for numbers 10 and above
• D)Placing commas and periods within quotation marks,at the end of a quotation

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Definitions:

Compounded Quarterly

A method of calculating interest where the interest is added to the principal amount every quarter, leading to interest being earned on interest.

Compounded Semiannually

Refers to the process where interest on a financial product, like a savings account, is calculated and added to the principal amount twice a year.

Compounded Quarterly

The process where interest is calculated and added to the principal sum of an investment or loan on a quarterly basis, leading to an increase in the amount of interest earned over time.

Future Value

The future value of a current asset on a certain date, estimated based on a projected growth or return rate.