Which of the Following Statements Is Correct

question 60

Multiple Choice

Which of the following statements is correct?

• A)A 15-year mortgage will have larger monthly payments than a 30-year mortgage.
• B)If an account earns 3 percent per year compounded annually, then it also has an effective annual rate (EAR) of 3 percent.
• C)The present value of a $500 perpetuity is greater if the interest rate is higher.
• D)Statements a, b, and c are correct.
• E)Only statements a and b are correct.

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Definitions:

REM Sleep

A stage of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.

Wakefulness

The state of being awake and aware of one's environment, contrasting with sleep or unconsciousness.

Sleep Apnea

A sleep disorder characterized by repeated interruptions of breathing during sleep.

Nasal Passages

The channels through which air passes from the nostrils to the nasopharynx, playing a key role in respiration and filtering of airborne particles.