"Term" is defined as:
A)a number of years.
B)an annuity.
C)a period of time.
D)when an annuity is calculated.

Name: "Term" is defined as: A)a number of years. B)an annuity. C)a period of time. D)when an annuity is calculated.
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Question

Quizplus · Accepted Answer

"Term" is commonly defined as a period of time, such as the term of a lease, a loan, or a contract. While the other options may be related to finance and investments, they do not accurately reflect the definition of the term in this context.

"Term" Is Defined As