The Future Value Compound Factor Given for Period (N)at 15

question 1

Multiple Choice

The future value compound factor given for period (n) at 15%:

• A) would be less than the factor for period (n+1)at 15%.
• B) would be greater than the factor given for period (n+1)at 15%.
• C) would be the same as the factor given for period (n+1)at 15%.
• D) bears no relationship to the factor for period (n+1)at 15%.

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Definitions:

Fireplace

A structure within a home or building designed to contain a fire for heating and, in many cases, cooking.

Alexander Calder

An American sculptor known for inventing the mobile, a type of kinetic sculpture that moves with air currents.

Mobile

A kind of sculpture, invented by Alexander Calder, combining nonobjective organic forms and motion in balanced structures hanging from rods, wires, and colored, organically shaped plates.

Kinetics

The branch of physics that deals with the motion of objects and the forces that cause this motion, or, in art, works that incorporate movement as part of their design.