Simplify $$\frac { 5 } { t k } - \frac { 3 } { t k }$$

question 33

Multiple Choice

Simplify: $$\frac { 5 } { t k } - \frac { 3 } { t k }$$

• A) \(\frac { 2 } { t k }\)
• B) \(- \frac { 2 } { t k }\)
• C) \(\frac { 2 } { t ^ { 2 } }\)
• D) \(2 t k\)
• E) \(\frac { 15 } { t k }\)

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Definitions:

Borrower

An individual, organization or company that receives funds from a lender under the condition of returning the borrowed amount plus interest.

Security

An instrument commonly dealt with in the securities markets or commonly recognized as a medium of investment and evidencing an obligation of an issuer or a share, participation, or other interest in an enterprise.

Right of Redemption

A legal right that allows a borrower to reclaim their property by paying off the full debt after a foreclosure sale.

Repayment

The act of paying back money that was borrowed.