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Choose the Word or Phrase in [ ] Which Will

question 89

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Calculating interest using the [discount | simple interest] method will result in the higher APR on a single-payment loan.


Definitions:

Technical Manual

A document that provides instructions, specifications, and guidelines for the operation, maintenance, or understanding of a specific system or product.

Exact Specifications

Detailed and precise descriptions of the requirements for materials, products, or services.

General Description

A broad or overall outline of an object, situation, or set of conditions, often providing basic details without going into in-depth specifics.

Trade Custom

Established practices or patterns of behavior that are widely accepted and followed within a particular industry.

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