The Principle of Constant Proportions States That

question 42

Multiple Choice

The Principle of Constant Proportions states that:

• A) ocean salinity varies as a function of season.
• B) ocean salinity varies with geographical location.
• C) the percentage of chloride varies with geographical location.
• D) the percentage of sodium varies with ocean depth.
• E) the relative concentration of seawater ions does not change.

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Definitions:

Appraised Value

Represents the estimated monetary value of a property as determined by a qualified appraiser based on its characteristics and the selling prices of comparable properties.

Property Taxes

Levies imposed by a government on property owners based on the assessed value of their property.

Compounded Monthly

The process where the interest earned on an investment is added to the principal each month, so that the interest for the next month is calculated on the total.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed over a period of time.