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Earn +20 ptsQ: What is a pre-established amount that can be borrowed on demand?
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What is the known as the degree to which a product meets preestablished standards?
it is known as Conformance.
The initial amount of money borrowed or saved?
principal
How is the cost of interest similar to the price of any merchandise item?
The interest rate is such that the supply of money available to lend matches the demand for money to be borrowed.
Is a charge levied for borrowing money generally earning a percentage of the amount borrowed?
Interest On E2020 Government quiz
What interest is calculated on both the amount borrowed and any previous interest?
Compound interest, but only if the previous interest is accumulated.
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