A Climograph with a Middle to a High-Level Curve and Consistently

question 89

Multiple Choice

A climograph with a middle to a high-level curve and consistently short to very short bars shows

• A) cold midlatitude steppe.
• B) Mediterranean dry summer.
• C) hot low-latitude desert.
• D) cold midlatitude desert.
• E) hot low-latitude steppe.

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Definitions:

Present Value Index

A calculation that compares the present value of cash inflows to the initial investment, often used in capital budgeting.

Compound Interest

The calculation of interest on the initial principal and also on the accumulated interest of previous periods.

Average Rate of Return

A method of determining the profitability of an investment by dividing the average annual profit by the initial investment cost.

Total Income

The sum of all revenues and gains that a person or business receives over a period of time, before any expenses are subtracted.