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Donna works for a national pizza company in Calgary.They have over 100 stores across Canada.Every week they receive all the sales and cost data from all their stores.This data is processed and aggregated on a weekly basis.Then reports are given to Donna so that she can analyze the performance of the business.What kind of system is Donna using?
Fixed Rate
A constant interest rate applied to a loan or mortgage that remains unchanged throughout the term, offering predictability in payments.
Variable Rate
An interest rate that fluctuates over time with market conditions, often applied to loans and credit.
Prime Rate
The prime rate is the interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark for various loan products.
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