Describe What Is Meant by the "Communication Gap

question 59

Short Answer

Describe what is meant by the "communication gap."

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Definitions:

Interest

The charge for borrowing money, usually expressed as a percentage of the amount borrowed.

Forbidden

Something that is not allowed or is prohibited.

Present Value

The assessed current worth of a future money amount or cash flow series, using an established rate of return.

Interest Rate

The cost of borrowing money, often expressed as a percentage of the amount lent.