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Which of the Following Is an Example of Nominal Data

question 33

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Which of the following is an example of nominal data?


Definitions:

Deposit Today

The action of placing money into a financial account or investment with the expectation of receiving future returns.

Savings

Money that is not spent and is set aside for future use, typically in accounts or investments that allow for capital preservation or growth.

Goal

A desired result or outcome that a person or organization envisions, plans, and commits to achieve.

Simple Interest

Interest calculated only on the principal amount, without compounding.

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