Microloans Have Been in Existence for Years; They Are Most

question 61

Multiple Choice

Microloans have been in existence for years; they are most commonly made directly to ________ for self-development.

• A)men
• B)women
• C)young adults
• D)Hispanics

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Definitions:

Effective Annual Rate

The interest rate on an investment or loan that accounts for the effect of compounding over a given period.

Dividend

A dividend is a portion of a company's earnings that is paid to shareholders, usually on a regular basis.

Stock Price

The current price at which a share of a company's stock can be bought or sold in a financial market.

Dividend Yield

A ratio in finance that reveals the comparison between a company's yearly dividend distribution and its share price.