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    Exam 6: Mathematics of Finance
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    What Does the Number 0
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What Does the Number 0

Question 10

Question 10

Multiple Choice

What does the number 0.06 represent in the given equation: What does the number 0.06 represent in the given equation:   . ​ A)  annual interest rate B)  interest C)  future value D)  time E)  principal . ​


A) annual interest rate
B) interest
C) future value
D) time
E) principal

Correct Answer:

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