Data Is

question 36

Multiple Choice

Data is:

• A)statistics used in a research project.
• B)evidence gathered for the research project.
• C)numerical information gathered for the research project.
• D)computerised information used in a research project.

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Definitions:

Business Loan

A loan specifically intended for business purposes, providing the necessary capital for start-up or expansion.

Prime Rate

The interest rate that commercial banks charge their most credit-worthy customers, often used as a reference point for various types of loans.

Rate Of Interest

The percentage at which interest is charged or paid over a specific period of time on borrowed or saved money.

Unsecured Loan

A loan that is issued and supported only by the borrower's creditworthiness, without any collateral.