__________is the percent of interest charged on a loan.
A) Time
B) Rate
C) Principal
D) Ordinary
Correct Answer:
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Q12: When calculating ordinary interest, the denominator of
Q13: If a business receives a promissory note
Q14: February 11 is the due date of
Q15: Using the ordinary interest exact time method,
Q16: On a promissory note, the person borrowing
Q18: The advantage when using ordinary interest belongs
Q19: In a promissory note, the person borrowing
Q20: If you use ordinary time, February is
Q21: The amount of money borrowed or invested
Q22: "Interest divided by (principal times rate)" is
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