Float Can Be Defined As

question 68

Multiple Choice

Float can be defined as:

• A)the interest charged during one billing period.
• B)the principal balance due on a loan.
• C)a home equity loan.
• D)a certain number of days during which no interest is charged.
• E)a lump-sum loan from a credit union.

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Definitions:

Absolute Measure

A quantitative way of assessing a variable or phenomenon that is not relative to other variables or phenomena.

Relative Measure

An assessment or quantification that is expressed as a relationship or comparison to another quantity or unit.

Poverty Threshold

The essential level of earnings required to live a decent life in a certain country.

Wage Earner's

Individuals whose income is derived primarily from their employment salary or wages.