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Aaron Nance is a freshman in college who has not yet decided on his academic major.He is thinking about majoring in operations management and is concerned about job opportunities in this field.Which of the following statements about jobs for operations management majors is most accurate? If he majors in operations management,Aaron will
Loan
An amount of money that is lent to someone, which is expected to be paid back with interest.
Interest
The cost of borrowing money, typically expressed as an annual percentage of the principal amount.
Months
Units of time into which a year is divided, normally consisting of 28 to 31 days.
Deposit
A sum of money placed or kept in a bank account, usually to gain interest.
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