To Determine the Interest Paid Each Compounding Period,we Take the Advertised

question 8

Multiple Choice

To determine the interest paid each compounding period,we take the advertised annual percentage rate and simply divide it by the ________ to get the appropriate periodic interest rate.

• A)number of compounding periods for the length of an investment
• B)number of discounting periods for the length of an investment
• C)number of compounding periods per year
• D)number of compounding periods per month

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Definitions:

Replicable

Describes a study or experiment whose results can be achieved again when the study is repeated under the same conditions.

Replicable

Capable of being repeated or duplicated under similar conditions to achieve a similar result.

Independent Variables

Variables in a scientific experiment that are manipulated or changed by the researcher to determine their effect on the dependent variable.

Clever Hans

Refers to a case study from early 20th century of a horse that was claimed to perform arithmetic and other intellectual tasks, later found to be responding to involuntary cues from humans.