Choose the Word or Phrase in [ ] Which Will

question 146

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-Natalie is faced with two savings choices: making a single deposit of $5,000 or making five annual deposits of $1,000.The interest rate on both is 4%,compounded monthly.The [lump sum deposit | annual deposits] plan will result in a higher balance at the end of five years.

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Definitions:

Cultural Practices

The patterns of behavior accepted by a society that reflect its traditions, beliefs, and values.

Feasible

Practical and possible to do easily or conveniently.

Low-Context Culture

A culture in which communication is explicit, messages are direct, and understanding is based more on verbal interaction than on contextual cues.

Multimodal Style

An approach to communication that combines multiple modes or methods such as text, images, audio, and video to convey a message more effectively.