On the Internet You Find the Following Offers for Opening

question 100

Multiple Choice

On the Internet you find the following offers for opening an online account.Which of them is the best offer if you have $2,000 to save for two years?

• A)an interest rate of 5 percent,with the bank charging you a $15 processing fee at the time you open your account
• B)an interest rate of 3.5 percent,with the bank giving you a $35 bonus to open your account
• C)an interest rate of 4 percent,with the bank giving you a $20 bonus at the time you open your account
• D)an interest rate of 4.5 percent,with no processing fee and no bonus

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Definitions:

Dimmer Switch

A control device used to adjust the brightness of lights by regulating the voltage or current flowing to them.

Relays

Electrically operated switches that allow a low-power electrical circuit to control one or more higher power circuits, widely used in various types of electronic and electrical applications.

Clockwise

A circular motion that proceeds in the same direction as a clock's hands, from the top to the right, then down and back to the top.

Counterclockwise

A direction opposite to the way the hands move around a clock, often used to describe the rotation or movement of objects.