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You are giving a speech about the dangers of texting while driving. There are many ways your book suggests you can gain the audience's attention. Choose three of these, and write an attention-getting statement using each for the speech about texting and driving. Then, note which one you think is best and explain why.
Compounded Quarterly
The process of calculating interest on both the initial principal and the accumulated interest over previous quarters, increasing the total amount at a quarterly rate.
Ordinary Perpetuity
A series of equal cash flows that occur at the end of each period forever.
Ordinary Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time.
Compounded Quarterly
When an investment's interest is compounded quarterly, the interest is calculated and added to the principal four times a year.
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