In Edge, You Can Save a Web Note as a Favorite

question 63

True/False

In Edge, you can save a Web note as a favorite. ​

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Definitions:

Residential Mortgage Loan

A loan secured by real property, typically a residential property, where the borrower is obliged to pay back with a predetermined set of payments.

Promissory Note

A written, legally binding promise to pay a specified sum of money to a designated person at a specified date or upon demand.

Compounded Semiannually

Interest calculation method that applies the interest to the principal balance and the accumulated interest twice each year.

Simple Annualized Yield

A calculation of investment earnings that does not account for compounding within the year, expressed as an annual rate.