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If Tshegofatso Is Applying for a Loan for a Shelving

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Multiple Choice

If Tshegofatso is applying for a loan for a shelving system to improve her retail sales where the system will serve as collateral, what type of loan would be the most appropriate?


Definitions:

Decimal Places

The number of digits to the right of the decimal point in a number, indicating the precision or fraction part.

Percent

A part per hundred ratio, a way of expressing a number as a fraction of 100.

Decimal

A number representing a fraction or a whole number using a point to separate the whole part from the fractional part.

Fraction

A mathematical expression representing the division of one integer by another, written in the form \(a/b\).

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