UCR Data May Not Be Appropriate for Your Study If

question 36

True/False

UCR data may not be appropriate for your study if you are looking to look at crime at the street level.

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Definitions:

Interest Rate

The proportion of a loan or savings amount that is charged or paid as interest to the borrower or saver.

Compounded Monthly

The monthly exercise of determining interest by applying it to the initial principal amount as well as to the interest that has been accumulated over preceding periods.

Accrued Interest

Interest that has been incurred but not yet paid.

Initial Loan

The original amount of money borrowed or the starting balance of a loan before any payments or interest are applied.