Fill in the Blanks with Top or Bottom as Appropriate

question 30

Short Answer

Fill in the blanks with top or bottom as appropriate.
In order to convert from kilograms to grams, the conversion factor should have 1 kg on the ____________________ and 1000 g on the _____________________.

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Definitions:

Nominal Annual Rate

Nominal Annual Rate is the annual rate of interest without taking into account the compounding of interest within a year or the effects of inflation.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Future Value

The estimated value of an investment at a specific future date, taking into account factors such as interest rates and compounding.

Amortized

The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.