If a Unit Fits into One Category Only,it Is or Index

question 14

Multiple Choice

If a unit fits into one category only,it is or index fit together and measure a single concept,this is called

• A)mutually inclusive.
• B)unidirectional.
• C)mutually desirable.
• D)unipositional.

---

Definitions:

Compound Interest

This form of interest computation involves calculating interest on both the initial principal amount and any interest that has accrued in the past periods on a loan or deposit.

Percent Equivalent

The numeric representation of a ratio or fraction as a part of 100.

Fraction

A numerical quantity that is not a whole number, represented by two numbers divided by a line, indicating part of a whole.

Decimal Equivalent

The number obtained by dividing the numerator by the denominator in a fraction, expressed in decimal form.