Deduction, Common in Mathematics, Reasons from

question 134

Multiple Choice

Deduction, common in mathematics, reasons from

• A)specific observations to make general principles.
• B)anecdotal stories to "commonsense" principles.
• C)general principles to specifics.
• D)particular to particular.

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Definitions:

GIC

Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period, typically without the risk of losing the principal invested.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Nominal Interest Rate

The interest rate as stated on a loan or financial product, not taking into account inflation or fees.

Annual Compounding

The method of accruing interest on the main amount of a deposit or loan annually.