Ordi Ing. Economica
Authored by Ailed Montes
Professional Development
University
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52 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The interest rate which reflects the total amount of interest earned on an investment in one year.
Interest
Interest rate
Effective interest rate
Nominal interest rate
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The fee lenders charge to borrowers for the temporary use of money.
Interest
Interest rate
Effective interest rate
Nominal interest rate
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The stated annual interest rate.
Interest
Interest rate
Effective interest rate
Nominal interest rate
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The percentage charged or earned for the use of money per year.
Interest
Interest rate
Effective interest rate
Nominal interest rate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A series of equal payments at regular intervals.
Annum
Annuity
Annual interest rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Referring to one year.
Annum
Annuity
Annual interest rate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The interest rate over a one year period or interest rate per annum.
Annum
Annuity
Annual interest rate
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