QUESTION 1
1.The price paid for using money is called ____________.
principal
rate
interest
loan
10 points
QUESTION 2
1._________ interest applies when interest for each year is based on the amount of the loan or investment.
Compound
Simple
Linear
Quadratic
10 points
QUESTION 3
1._________ interest most often applies to savings accounts, installment loans, and credit cards and is based on the accumulated amount.
Compound
Simple
Linear
Quadratic
10 points
QUESTION 4
1.________ is the amount of money borrowed or invested.
Interest
Principal
Principle
Rate
10 points
QUESTION 5
1.__________ is the percent of the principal paid as interest per time period.
Principal
Interest
Rate
Principle
10 points
QUESTION 6
1.________ is the number of days, months, or years that the money is borrowed or invested.
Rate
Principal
Time
Mortgage
10 points
QUESTION 7
1._________ value is the amount of the loan plus the interest.
Loan
Maturity
Initial
Opening
10 points
QUESTION 8
1.The ________ interest rate is the lowest rate at which money is loaned to the most preferred borrowers.
main
initial
prime
value
10 points
QUESTION 9
1.________ time is based on counting 30 days in each month.
Exact
Preferred
Ordinary
Common
10 points
QUESTION 10
1.________ time is based on counting the actual number of days in a time period.
Exact
Ordinary
Latent
Preferred
10 points
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.