Which One of the Following Has the Highest Effective Annual

question 3

Multiple Choice

Which one of the following has the highest effective annual rate?

• A)6 percent compounded annually
• B)6 percent compounded semiannually
• C)6 percent compounded quarterly
• D)6 percent compounded monthly
• E)All the other answers have the same effective annual rate.

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Definitions:

Organic Dysfunctions

Disorders caused by organic changes or damage in the brain, leading to psychological symptoms.

Physical Causes

Natural, biological, or material factors that directly influence the occurrence or development of a condition or event.

Hallucinations

Sensory experiences that appear real but are created by the mind, without external stimuli, and can affect all senses.

Binge-Eating Disorder

A condition in which a person overeats, or binges, on enormous amounts of food at one sitting, but unlike bulimia nervosa, the individual does not then purge or use other unhealthy methods to avoid weight gain.