An Irrational Fear of an Object or Event Is Called

question 4

Multiple Choice

An irrational fear of an object or event is called a(n) :

• A)phobia.
• B)compulsion.
• C)panic.
• D)obsession.

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Definitions:

Canadian Equity

Investments in stocks or shares of Canadian companies, representing ownership and a claim on part of the company's assets and earnings.

Annually Compounded

An interest rate compound method where the calculation of interest is done once per year.

Loan Term

The duration of time over which a loan agreement is in effect, and by the end of which the loan should be repaid.

Compounded Annually

Occurs when interest is added to the principal sum of an investment or loan once per year, resulting in interest on interest.