Examlex
A survey asked the question "Have you used toothpaste in the last twelve months? _____ Yes _____ No" The results of this question show that 92.6 percent of the people in New York City have used toothpaste in the last twelve months and 87.2 percent of people in Los Angeles have used toothpaste during the same period.This information was gathered by using which type of question?
Compounded Semi-annually
Interest on an investment or loan is calculated and added to the principal two times a year.
Government of Canada Bond
A Government of Canada Bond is a secure investment issued by the Canadian government, which promises to pay the holder a fixed rate of interest over a specific period of time.
Annuity
An annuity refers to a financial mechanism that delivers a steady flow of payments to someone, usually utilized as a revenue stream for individuals in retirement.
Semi-annual Contributions
Payments or deposits made twice a year into a financial account or investment plan.
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