Asked by Giuseppe Palmisano on Jul 12, 2024
Verified
The paragraph below is developed by a specific mode or pattern. Read the paragraph; then answer the question(s) .
(1) Investors should be familiar with three common kinds of investments. (2) The first kind of investment is called a certificate of deposit, or CD. (3) It is the investment option with the least risk. (4) A CD loans your money to your bank for a specific period of time, during which your money collects interest. (5) The second type of investment is a bond, a slightly less conservative way to invest money. (6) With a bond, you invest your money in a business or in the government, which treats your investment as a loan. (7) The third, and riskiest, type of investment of all is in stock. (8) If you buy stock in a company, it means that you own a part of that company, however small. (9) Your fortune will rise and fall with the profits and failures of the company. (10) Each investment option has advantages and disadvantages. (11) It is best to research all options before making your choice.
Select the type of development the writer of this paragraph has used.
A) illustration
B) narration
C) description
D) process
E) definition
F) comparison/contrast
G) classification
H) cause/effect
Certificate Of Deposit
A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.
Bond
A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.
Stock
The goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.
- Acknowledge the schemes of evolution in writing.
Verified Answer
SP
surrya parveenJul 15, 2024
Final Answer :
G
Explanation :
The writer has used a classification pattern to present and compare three common kinds of investments: certificate of deposit, bond, and stock. Each type is defined and differentiated in terms of risk level and return on investment.
Learning Objectives
- Acknowledge the schemes of evolution in writing.