Which of the Following Refers to Saving Money on a Regular

question 57

Multiple Choice

Which of the following refers to saving money on a regular basis?

• A) Amortized payment.
• B) Compound interest.
• C) Annuity.
• D) Interest.

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Definitions:

Collection Delay

The time it takes for a business to receive payments owed by its customers after the sale or service has been delivered.

Miller-Orr Model

A model used in financial management to manage cash flows and liquidity levels, determining the optimal cash balance levels.

Weekly Interest Rate

The interest rate quoted or applied to a loan or savings account on a weekly basis.

Disbursements

Money paid out by a company or organization for various purposes, including expenses, investments, and dividends.