Which of the Following Statements Is Most Correct

question 49

Multiple Choice

Which of the following statements is most correct?

• A) If annual compounding is used,the effective annual rate equals the simple rate.
• B) If annual compounding is used,the effective annual rate equals the periodic rate.
• C) If a loan has a 12 percent simple rate with semiannual compounding,its effective annual rate is equal to 11/66 percent.
• D) Both answers a and b are correct.
• E) Both answers a and c are correct.

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Definitions:

Ventricle

A chamber of the heart or brain that receives or pumps out blood or cerebrospinal fluid, respectively.

Arbor Vitae

Refers to the treelike appearance of the cerebellar white matter when viewed in cross section, important for the coordination of muscle movements.

Cerebellar White Matter

The white neural tissue inside the cerebellum that contains myelinated nerve fibers connecting different parts of the cerebellum.

Primary Motor Cortex

The brain region located in the frontal lobe, responsible for the voluntary control of skeletal muscles.