Which Statement Best Summarizes the Relationship Between Success and Luck

question 68

Multiple Choice

Which statement best summarizes the relationship between success and luck?

• A)All successes depend partly on luck.
• B)Most successes depend totally on luck.
• C)Success has nothing to do with luck.
• D)Luck seldom has anything to do with success.

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Definitions:

Annuity Due

A type of annuity in which payments are made at the beginning of each period, rather than at the end.

Present Value

The present worth of a sum of money or a series of cash flows expected in the future, assuming a certain rate of return.

Compounded Annually

A method of calculating interest where the interest rate is applied once per year, and each year’s interest calculation includes the interest from the previous years.

Annual Rents

Regular payments made for the use of property or land over a yearly basis.