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    Exam 15: Trade-Offs Involving Time and Risk
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    An Individual Deposits a Certain Amount of Money in a Bank.The
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An Individual Deposits a Certain Amount of Money in a Bank.The

Question 46

Question 46

Multiple Choice

An individual deposits a certain amount of money in a bank.The amount deposited is referred to as ________.


A) interest
B) principal
C) installment
D) the time value of money

Correct Answer:

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