When a Category Exists for Every Respondent Among the Fixed-Alternative

question 37

Short Answer

When a category exists for every respondent among the fixed-alternative categories, we say the alternatives are _____.

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Definitions:

Compounded Monthly

Compounded Monthly refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.

Monthly Payments

Regular payments made once a month, typically used in contexts such as loans, mortgages, and subscription services.

Compounded Annually

The calculation of interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Yearly Contributions

The total amount of money added to a fund or investment over the course of a year.