Convert the Unit of Time

question 216

Multiple Choice

Convert the unit of time.

• A) 13 min
• B) 12 min
• C) 10 min
• D) 11 min

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Definitions:

Equity Funds

Mutual funds that primarily invest in company stocks, representing ownership in those companies.

Secured Loan

A loan that requires collateral as security for the lender.

Collateral

Assets that a borrower offers to a lender to secure a loan, which can be seized if the borrower fails to repay the loan.

SBA Loan

A loan made to a small business through a commercial bank, of which a portion is guaranteed by the Small Business Administration.