The Name Given to a Place Is Called A/an

question 9

Multiple Choice

The name given to a place is called a/an:

• A) toponym
• B) topograph
• C) mentifact
• D) placonym
• E) acronym

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Definitions:

Interest

The fee for the right to borrow money, usually stated as a yearly percentage rate.

Compounded Monthly

Describes an interest calculation method where interest is added to the principal sum of a deposit or loan each month, leading to interest on interest.

Annuity

A financial instrument designed to distribute a steady series of disbursements to a person, commonly utilized as a source of income during retirement.

Amortize

To amortize is to gradually reduce or write off the cost or value of an intangible asset through systematic charges to income over its estimated useful life.