Tom Is an Agriculturist Who Reads the Ranch On

question 47

Multiple Choice

Tom is an agriculturist who reads the Ranch On.If it gives information about the equipment,supplies,and services Tom will find useful specifically for his work,Ranch On is most likely to be a

• A) geographic publication.
• B) demographic publication.
• C) farm publication.
• D) business magazine.
• E) retailers magazine.

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Definitions:

Compounded Quarterly

A method of calculating interest in which the interest is added to the principal amount every three months, then interest is calculated on the new total.

Principal Earning

The portion of an investment's return that is generated from the original amount invested, excluding any interest earned.

Six Years

A period of time equal to six times the length of one calendar year.

Present Value

The present worth of a future amount of money or series of cash flow at a given return rate.