If a bank provides overdraft protection at a rate of 12% for each $100 (or portion of $100) borrowed when an overdraft occurs, what amount of interest would a customer pay for a $188 overdraft?

The appropriate mark to introduce a bulleted list is a

A) colon B) semicolon C) period

Your friend Ricky took a finance class and learned about the risk-return trade-off. Wanting a high return, Ricky

invested in a risky, start-up technology company. A year later the company went bankrupt and Ricky lost his entire investment. Ricky is furious with his finance professor for misleading him, claiming he was taught that higher return goes with higher risk. Explain how Ricky misinterpreted the risk-return trade-off.