Which of the Following Is True of Stipulative Definitions

question 28

Multiple Choice

Which of the following is true of stipulative definitions?

• A) Stipulative definitions can only be given to new words or combinations of old words.
• B) Stipulative definitions often start as slang among groups.
• C) Stipulative definitions can be true or false.
• D) Stipulative definitions are never useful.

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Definitions:

Compound Interest

Interest calculated on both the original amount of money either loaned or deposited, as well as on the interest that has already been added to it from earlier periods.

Interest on Interest

The interest earned on the reinvestment of previous interest payments, often seen in compound interest scenarios.

Simple Interest

Interest charged exclusively on the initial borrowed amount, or on whatever portion of the principal is still outstanding.