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When conducting selection interviews, Benjamin likes to ask a series of yes/no questions such as "If hired, can you arrive at work each day by 8 a.m.?" and "Do you understand the essential functions of the job?" Benjamin is asking _______ questions.
Compounded Semi-annually
This refers to the process of applying interest to an initial sum plus any previously earned interest, and this action occurs twice a year.
Compounded Quarterly
Refers to the process of calculating and adding interest to the principal balance four times a year.
Eight Year Note
A debt instrument with a fixed interest rate and a maturity of eight years, at which point the principal sum is repaid to investors.
Yield
Yield is the income returned on an investment, such as the interest or dividends received from holding a particular security, expressed usually as a percentage of the investment's cost.
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