Molly Has Just Taken a Test of Her Capacity to Learn

question 56

Multiple Choice

Molly has just taken a test of her capacity to learn to be a computer programmer.This is an example of a(n) ________ test.

• A) IQ
• B) achievement
• C) interest
• D) aptitude

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Definitions:

Prepayment

Payment made for goods or services before they are received or required.

Discounting

The process of determining the present value of a payment or a series of payments that will be made in the future.

Maturity Value

The amount payable to the investor at the end of a debt instrument's holding period or term.

Compounded Monthly

interest earned or paid is calculated and added to the account balance every month.