With a 10 Percent Interest Rate on Dollar Deposits,and an Expected

question 75

Multiple Choice

With a 10 percent interest rate on dollar deposits,and an expected appreciation of 7 percent over the coming year,the expected return on dollar deposits in terms of the foreign currency is

• A)3 percent.
• B)10 percent.
• C)13.5 percent.
• D)17 percent.

---

Definitions:

Stanford-Binet Intelligence Scale

An individually administered intelligence test that was revised from the Binet-Simon Scale, used to assess human intelligence.

Mental Age

A measure of an individual's mental aptitude based on the average age at which normal individuals achieve a certain level of performance.

Chronological Age

The age of an individual as measured from their birth to the present date, typically expressed in years.

Symmetrical Bell-Shaped Curve

A graphical representation of a normal distribution, indicating that most occurrences take place around the mean and fewer occur as one moves away from the mean.