The United States Accounts for What Percentage of Canada's Exports

question 62

Multiple Choice

The United States accounts for what percentage of Canada's exports?

• A) 95%
• B) 85%
• C) 75%
• D) 65%

---

Definitions:

Increasing Annuity

A type of annuity payment that grows at a certain rate or percentage over time.

Compounded Monthly

A specific type of compounding where interest is calculated and added to the principal balance monthly.

Principal

The original amount of money borrowed or invested, before interest or profits.

Geometric Sequence

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed non-zero number called the ratio.