The Rate of Return on a Savings Account Is Also

question 68

Multiple Choice

The rate of return on a savings account is also referred to as

• A)liquidity.
• B)compounding.
• C)asset management.
• D)insolvency.
• E)yield.

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Definitions:

Intangible

Refers to something that cannot be touched or physically measured, often associated with non-physical assets such as patents, trademarks, and goodwill.

Intermediation Revenue Model

A business model that generates income by serving as an intermediary in transactions between two or more parties.

Brokers

The people who organize transactions between buyers and sellers.

Money

A medium of exchange in the form of coins and banknotes; used to purchase goods and services or measure value and wealth.