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A person has been diagnosed with multiple sclerosis and asks the healthcare professional to explain the disease. What description by the professional is most accurate?
Note Balance
The remaining amount owed on a promissory note after payments have been made.
Refinancing
Replacing an old loan with a new loan, typically with better terms, such as a lower interest rate.
Loss Contingency
A potential financial loss to a company that might occur in the future due to past events or transactions, depending on the outcome of uncertain future events.
Range
The difference between the highest and lowest values in a set of numbers, indicating the spread or dispersion.
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