An Attractive Way of Illustrating Trends and Changes Over Time

question 41

Multiple Choice

An attractive way of illustrating trends and changes over time is to use a ________.

• A) bar chart
• B) histogram
• C) line chart
• D) pie chart
• E) streamline

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Definitions:

Present Value

The modern assessment of a future money total or cash flow sequence, applying a distinct rate of return.

Compounded Quarterly

The process whereby interest is calculated and added to the principal sum every quarter, leading to compound growth.

Personal Savings

The portion of an individual's income that is not spent on consumption and is set aside for future use.

Credit Union

A financial institution that is owned and operated by its members, focusing on providing credit at competitive rates as well as other financial services.