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Matching Match Each Correct Item with the Statement Below

question 32

Multiple Choice

Matching
Match each correct item with the statement below.
-The transfer of electricalcharge between two bodies,such as when a techniciantouches a computer component.


Definitions:

Effective Rate

The actual interest rate an investor receives after taking into consideration compounding.

Monthly Compounded Rate

An interest rate applied to the principal and the accumulated interest of a loan or investment on a monthly basis.

Department Store

A retail establishment offering a wide range of consumer goods in different product categories known as "departments."

Compounded Monthly

Interest on an investment or loan is calculated and added to the principal amount at the end of each month.

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