Analogies Can Be

question 11

Multiple Choice

Analogies can be:

• A) Valid or invalid
• B) Fallible or infallible
• C) Literal or figurative
• D) Logical or illogical

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Definitions:

Compound Interest

This form of interest computation involves calculating interest on both the initial principal amount and any interest that has accrued in the past periods on a loan or deposit.

Percent Equivalent

The numeric representation of a ratio or fraction as a part of 100.

Fraction

A numerical quantity that is not a whole number, represented by two numbers divided by a line, indicating part of a whole.

Decimal Equivalent

The number obtained by dividing the numerator by the denominator in a fraction, expressed in decimal form.