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Identify and Briefly Describe the Two Components of Building Trust

question 22

Essay

Identify and briefly describe the two components of building trust.


Definitions:

Maturity Value

The total amount that will be received at the maturity date of an investment, including the principal and any accrued interest.

365-Day Year

A method used in finance calculations that assumes all years have 365 days for the purpose of simplifying interest calculations.

Maturity Value

The amount to be paid out or the final value of an investment upon its maturity, including the principal and the interest earned.

365-Day Year

A method used in various financial calculations that assumes a year consists of exactly 365 days.

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