Which Statement Is INCORRECT

question 57

Multiple Choice

Which statement is INCORRECT?

• A)The Great Plains are a type of temperate grassland.
• B)The Great Plains lie between the Mississippi River and the Rocky Mountains.
• C)The Great Plains are also known as a rangeland.
• D)The Great Plains stretch from Texas to Canada.
• E)None of these answers is incorrect.

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Definitions:

Investment

The operation of earmarking financial resources with the hope of obtaining a return or profit.

Simple Interest

A method of calculating interest where the interest charge is based on the original principal only, not on the accumulated interest.

Maturity Value

The amount payable to an investor at the end of a security's term or life, which typically includes the principal plus interest.

Principal

The original sum of money borrowed in a loan or the initial amount of money invested, excluding any interest or gains.