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Adam Corporation prepared the following variance report.
Instructions
Fill in the appropriate amounts or letters for the question marks in the report.
Interest
The charge for borrowing money, usually expressed as a percentage of the amount borrowed.
Forbidden
Something that is not allowed or is prohibited.
Present Value
The assessed current worth of a future money amount or cash flow series, using an established rate of return.
Interest Rate
The cost of borrowing money, often expressed as a percentage of the amount lent.
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