Use the Following Two Columns of Items to Answer the Matching

question 46

Short Answer

Use the following two columns of items to answer the matching questions below:
-simple interest
A)assets of a borrower that back a secured loan
B)rate that measures the finance expenses
C)interest rate multiplied by the principal

• A)assets of a borrower that back a secured loan
• B)rate that measures the finance expenses
• C)interest rate multiplied by the principal

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Definitions:

Purchasing Agent

An individual or company responsible for buying goods and services for another entity.

Written Authority

is an officially documented permission granted to an individual or entity to act on behalf of another.

Quantity Specified

The exact amount or number of items detailed in a contract or agreement for sale, purchase, or production.

Six-Months' Notice

A requirement to alert or inform someone or a party about something six months in advance.