Which of the Following Prefixes Does NOT Represent a Fractional

question 27

Multiple Choice

Which of the following prefixes does NOT represent a fractional part of a whole unit?

• A)nano
• B)micro
• C)kilo
• D)milli
• E)deci

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Definitions:

FV

Future Value, the value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.

Compound Interest

Interest calculated on the initial principal of a deposit or loan, as well as on the accumulated interest from previous periods.

Interest on Interest

The interest earned on the reinvestment of previous interest payments, commonly associated with compounding interest.

Reinvestment

The process of using dividends, interest, or any form of return earnings to purchase additional shares or units instead of receiving the earnings in cash.