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Match the Following Four Terms to Their Meanings

Question 50

Multiple Choice

Match the following four terms to their meanings:
i.Financial functions
II.interest
III.rate
IV.Present value (Pv)


A) amount charged to you when you borrow money
B) amount of loan before any payments are made
C) interest percentage of the loan amount
D) prebuilt formulas that perform common business calculations

Correct Answer:

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