Groups Defined in Terms of Such Characteristics as Language, Folk

question 18

Multiple Choice

Groups defined in terms of such characteristics as language, folk practices, dress, gestures, religion, or mannerisms are called

• A) nationality groups.
• B) ethnic groups.
• C) racial groups.
• D) oppressed minorities.

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Definitions:

Compounded Monthly

Refers to the process of applying interest to a principal sum so that each month's interest earnings also earn interest in subsequent months.

Effective Yield

Effective yield refers to the total yield an investor receives, in terms of interest or dividends, after the costs of investments are accounted for, often expressed as an annual percentage.

Decimal Places

The digits located after the decimal point in a number, representing parts of ten.

Compounded Continuously

Compounded continuously refers to the calculation of interest earned on an investment or loan where the interest is added perpetually at every possible moment, following the formula \(A = Pe^{rt}\), where \(A\) is the amount, \(P\) the principal, \(r\) the rate, and \(t\) the time.