As the Number of Compounding Periods Increases,the ________ Increases

question 1

Multiple Choice

As the number of compounding periods increases,the ________ increases.

• A)quoted
• B)annual percentage yield
• C)effective annual rate
• D)both B and C

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Definitions:

Forestall

To prevent, hinder, or obstruct an event, action, or outcome by taking advanced or anticipatory measures.

Objections

Concerns, hesitations, or reasons a potential customer has for not making a purchase, which a salesperson aims to overcome through objection handling techniques.

Setting A Condition

Establishing a specific requirement or criteria that must be met in a given situation or agreement.

Prospects

Individuals or businesses that are potential customers and have been identified as likely to purchase.