Examlex

Solved

A Hash Mark Across the Relationship Line near an Entity

question 3

Multiple Choice

A hash mark across the relationship line near an entity indicates ________.


Definitions:

Interest Rate Change

Modification in the percentage that determines the amount of interest to be paid on a loan or received on deposits over time.

Compounded Quarterly

A method of calculating interest where the accumulated interest is added to the principal sum every three months, leading to interest earnings on interest.

Interest

A fee for the benefit of loaning money, usually stated as a yearly interest rate.

Payments

These are amounts paid or to be paid by one party to another in exchange for goods or services or as repayment of a loan.

Related Questions