An Investment Provides a 3% Return Semi-Annually,its Effective Annual Rate

question 37

Multiple Choice

An investment provides a 3% return semi-annually,its effective annual rate is

• A)3%.
• B)6%.
• C)6.06%.
• D)6.09%.
• E)none of the above.

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Definitions:

Corporate Social Responsibility

A strategy in business that aims at fostering sustainable growth through providing advantages that are economic, social, and environmental to all involved parties.

Compensation

The payment and benefits that employees receive in exchange for their work, including salaries, wages, bonuses, and benefits.

Balanced Scorecard

A system for strategic planning and management that helps align organizational activities with its vision and strategy, enhances communication within and outside the organization, and tracks the organization's performance in relation to its strategic objectives.

Easily Manipulated

Refers to data or variables that can be quickly and often unethically altered or influenced.