Using the Statistic 'Four Out of Five Families Prefer Toothpaste

question 21

Multiple Choice

Using the statistic 'Four out of five families prefer Toothpaste X' to persuade buyers that they should buy Toothpaste X is typical of:

• A) Appeal to relationships
• B) Post hoc ergo propter hoc
• C) Argument against the source
• D) Appeal to people (bandwagon)

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Definitions:

Cash-back Mortgage

A type of mortgage where the borrower receives a cash rebate upfront, often used for home improvements or debt consolidation.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount twice a year and then interest is subsequently earned on the new principal.

Amortization Period

The total length of time over which an individual loan or debt is scheduled to be paid off.

Compounded Semi-annually

Compounded semi-annually refers to the calculation of interest where the principal amount is credited with interest twice a year.