Examlex

Solved

Attracting Attention,describing Contents,explaining Benefits and Identifying the Uses of a Product

question 19

Multiple Choice

Attracting attention,describing contents,explaining benefits and identifying the uses of a product are all functions of:


Definitions:

Missed Payment

Failure to make a required payment by its due date.

Original Principal

The initial amount of money borrowed or invested, before any interest or profit is added.

Compounded Annually

Interest calculated on the initial principal and the accumulated interest from the past year added together once per year.

Term Deposit

A type of bank deposit that has a fixed term and typically offers a higher interest rate than a regular savings account.

Related Questions