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Match the Term with Its Definition

question 1

Multiple Choice

Match the term with its definition.
-A business that maintains its primary facility in the residence of its owner


Definitions:

Earned

Received as a result of work or effort.

Simple Interest Rate

The rate at which simple interest is calculated, usually on an annual basis.

Borrowed

Funds taken as a loan from a lender with the agreement to pay back with interest.

Term Deposit

A fixed-term investment held at a financial institution that pays interest at a specified rate and matures on a specific date.

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