You Are Investing a Sum of Money

question 110

Multiple Choice

You are investing a sum of money.Rank the following interest in order of which one will give you the most interest.
a. j₂ = 8.00%
b. j₁₂ = 7.95%
c. j₅₂ = 7.90%

• A)c > b > a
• B)b > c > a
• C)a > b > c
• D)b > a > c

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Definitions:

Resources Consumed

The materials, time, energy, and other assets used or expended in the process of achieving a task or goal.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual, guiding its strategies, goals, and actions.

Personal Productivity

Refers to the effectiveness and efficiency by which an individual can complete tasks and achieve goals.

Compass

A navigational instrument used to determine direction relative to the Earth's magnetic poles.