Biology Forums - Study Force

The stated interest rate is the real or true rate of return on an investment.
  Indicate whether the statement is true or false

Q. 2

Find the median of the following numbers: 458, 791, 344, 370, 641, 194, 974
 A) 65.4
  B) 505.5
  C) 538.9
  D) 458.0

Q. 3

The more compounding periods per year, the lower the effective rate of return.
  Indicate whether the statement is true or false

Q. 4

Compute the arithmetic mean of the following numbers: 76, 26, 48, 65, 42, 24, 69, 43 (Round your answer to two decimal places)
 A) 49.13
  B) 45.50
  C) 43.88
  D) 41.00

Q. 5

Compound interest yields considerably higher interest than simple interest.
  Indicate whether the statement is true or false

Q. 6

Compute the arithmetic mean of the following numbers: 18, 66, 79, 92, 59, 99, 56 (Round your answer to two decimal places)
 A) 53.86
  B) 66.00
  C) 67.00
  D) 52.86

Q. 7

The time value of money concept states that a specific amount of money in the future is less desirable than the same amount of money in the present.
  Indicate whether the statement is true or false

Ans. #1

FALSE

Ans. #2

D

Ans. #3

FALSE

Ans. #4

A

Ans. #5

TRUE

Ans. #6

C

Ans. #7

TRUE