If the Stated Interest Rate Is 12% Per Year, but It

question 115

Multiple Choice

If the stated interest rate is 12% per year, but it is compounded semiannually, then the adjusted rate used for present or future value calculations will be

• A)12% per year.
• B)3% per quarter.
• C)6% per 6-month period.
• D)1% per 6-month period.

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Definitions:

Talkativeness

The quality or state of being inclined to talk a lot or engage in conversation frequently.

Facets of Generalizability

Aspects related to the extent to which the findings from a study or research can be applied or generalized to other settings, populations, or times.

Informant Report

Information provided by a knowledgeable third party about another individual’s behavior, characteristics, or symptoms, often used in psychological assessments.

Face Validity

The extent to which a test appears to measure what it is supposed to measure, based on a superficial assessment, rather than in-depth analysis.