Match the Following Terms with Their Definitions

question 98

Multiple Choice

Match the following terms with their definitions.
-Maturity date

• A)Number of days bank will wait for its money in the discount process
• B)Cash paid on due date
• C)The principal
• D)Maturity value minus bank discount
• E)A written promise
• F)Bank deducts interest in advance
• G)Signs the note
• H)Rate bank charges in the discounting process
• I)True rate of interest
• J)Due date
• K)Ability to borrow quickly
• L)Amount bank charges in the discounting process
• M)Maturity value greater than original note

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Definitions:

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in bright light conditions.

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light into neural signals sent to the brain.

Rods

Photoreceptor cells in the retina responsible for vision at low light levels, but not for color vision.

Fovea

A small depression in the retina of the eye where visual acuity is highest due to the concentration of cone cells.