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Since We Read from Left to Right, When We See

question 59

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Since we read from left to right, when we see a price, we process the number of dollars before the number of cents.This is why so many prices end in what number?


Definitions:

Days

Time period measured in units of 24 hours.

Investment

asset or item acquired with the goal of generating income or appreciation.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the loan amount, or the income earned on deposited funds.

Simple Interest Rate

An interest rate calculation method that is based solely on the original principal amount and does not factor in compounded interest.

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