Identify the compounding period for the following interest statements: (a) nominal 7% per year, compounded monthly; (b) effective 6.8% per year, compounded monthly; and (c) effective 3.4% per quarter, compounded weekly.

What will be an ideal response?

(a) month (b) month (c) week

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When a country's quantity supplied exceeds its quantity demanded for any given price, then this indicates the country has

A) Excess supply. B) Import demand. C) Excess demand. D) None of the above

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Trades & Technology

The electrical conductivity (EC) of a paste of a saline soil and water is generally less than 4 dS/m

Indicate whether the statement is true or false

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Reverse current is dependent primarily on junction temperature and not on the amount of reverse-biased voltage

Indicate whether the statement is true or false

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Trades & Technology

Batteries should be charged in segregated areas designated just for battery charging.

Identify the compounding period for the following interest statements: (a) nominal 7% per year, com­pounded monthly; (b) effective 6.8% per year, compounded monthly; and (c) effective 3.4% per quarter, compounded weekly.