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    NEW QUESTION: 2
    The semiannually compounded rate is 10% quoted on an annualized basis. The equivalent annually compounded rate is:
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    Answer: D
    Explanation:
    Explanation/Reference:
    Explanation:
    To solve such problems, think about investing a dollar for a year. The final amount should be the same under both the quotations. Under annually compounded rate, r, $1 grows to 1+r in 1 year. Under semiannual compounding, it grows to (1+0.1/2)

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    2 = 1.1025. Since these two should be equal, we get 1+r
    1.1025, giving r = 10.25%. Note that the annually compounded rate must be larger than the semiannually rate, ruling out 9.65 automatically.

    NEW QUESTION: 3
    Comparing TMMi and TPI, which is not a valid reason for choosing either TPI or TMMi? 2 credits
    A. TPI is much more a bottom-up model that is suitable for addressing test topics for a specific (test) project.
    B. If the organization is already applying CMMI, TMMi may be preferred since it has the same structure and uses the same terminology. TMMi addresses management commitment very strongly and is therefore more suitable to support a top-down improvement process.
    C. If the scope of test performance improvement covers all test levels, TMMi is preferred since TPI focusses mainly on black-box testing.
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    Answer: D
    Explanation:
    Explanation/Reference:
    Explanation:

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