What Does LDC Stand For

question 62

Multiple Choice

What does LDC stand for?

• A) linked democracies charter
• B) liberal democracy of China
• C) less developed country
• D) liberated democratic country
• E) last decolonized countries

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Definitions:

Simple Interest

An interest calculation method where the charge is based on the original principal amount, unaffected by the added interest.

Required Rate

The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.

Simple Interest

Simple interest is a method of calculating interest where the interest charge is based solely on the principal amount, not on previously earned interest.

Discounted

The process of determining the present value of a future amount by applying a discount rate.