The Term Elements -Plasty, -Stomy, -Scopy, and -Itis Are All

question 48

Multiple Choice

The term elements -plasty, -stomy, -scopy, and -itis are all

• A)Prefixes
• B)Root terms
• C)Combining vowels
• D)Combining forms
• E)Suffixes

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Definitions:

Exact Simple Interest

Exact simple interest is a calculation method where interest accrues on a principal sum at a constant rate over a specific time period, using a 365-day year for calculations.

365-Day Year

A method used in finance that assumes a year consisting of 365 days for calculating interest, ignoring leap years.

Exact Simple Interest

Interest calculated on the initial principal of a loan or deposit, based on a precise calculation method rather than the common approximation methods.

365-Day Year

A method used in finance and accounting that assumes a year consists of 365 days to simplify interest rate calculations, disregarding leap years.