The English Unit of Volume Closest in Size to a Liter

question 4

Multiple Choice

The English unit of volume closest in size to a liter is

• A)gallon.
• B)ounce.
• C)quart.
• D)cup.

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Definitions:

Simple Interest

Interest calculated only on the principal amount, not on the interest accrued.

Invested

The maneuver of allocating finances with the aspiration of earning income or profit.

Term

The time period for which a loan or investment is made.

Rate of Interest

The rate at which interest is applied to a loan or credited to savings.