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Match Each Definition with the Correct Term

question 113

Multiple Choice

Match each definition with the correct term.(Use each choice only once.)
-Device that contains specific types of crystals that undergo mechanical stress to produce an ultrasound wave


Definitions:

Inflation Rate

The pace at which prices for goods and services ascend overall, causing the buying power to decrease.

Compounded Monthly

An interest calculation method where interest earned is added to the principal balance every month, increasing the amount of future interest accrued.

Compounded Semi-Annually

Interest calculation method where the interest is added to the principal biannually, leading to interest on interest.

Quarterly Compounded

Interest on an investment or loan that is calculated and added to the principal balance four times a year.

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