A(n)____________________ Is Created by Plotting the Value of the Variable

question 4

Short Answer

A(n)____________________ is created by plotting the value of the variable on the vertical axis and the time periods on the horizontal axis.

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Definitions:

Interest Rate

The interest rate that a borrower must pay to a lender in exchange for using borrowed funds.

Accrued Interest

Interest that's been accrued but is still pending payment or receipt.

Deposit

A sum of money placed in an account or with a third party as security or for future payment.

Days

Units of time measuring 24 hours, often used to calculate interest, maturity dates, and other financial time periods.