Examlex
Which of the following is a characteristic of good business style writing?
Pay
Compensation received by an employee from an employer in exchange for performing a job.
Thirty Year Mortgage
A long-term home loan typically repaid over 30 years through fixed monthly payments, often with a fixed interest rate.
Monthly Payment
The amount paid each month on a loan, mortgage, or other debt obligation.
APR
Annual Percentage Rate; the annual rate charged for borrowing or earned through an investment, accounting for fees and compound interest.
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