In Most Fairly Large Temperate-Zone Lakes That Freeze During the Winter

question 65

Multiple Choice

In most fairly large temperate-zone lakes that freeze during the winter, turnover takes place _______ a year.

• A) once
• B) twice
• C) three times
• D) four times
• E) None of the above; these lakes do not turn over.

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Definitions:

Annual Payment

The amount of money that is paid once every year, either as an obligation, such as a loan repayment, or as part of a periodic agreement.

Installment Loan

A type of loan that is repaid over time with a set number of scheduled payments.

Annual Interest

The amount of interest paid or earned over a one-year period.

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.