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All of the Following Are Potential Financial Benefits of Just-In-Time

question 87

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All of the following are potential financial benefits of just-in-time EXCEPT


Definitions:

Required Rate

The minimum return or interest rate a lender demands or an investor expects to receive from an investment.

Simple Interest

Interest calculated only on the initial amount of a loan or principal, not on the interest previously earned.

Payments

Amounts of money that are paid or due to be paid as part of a contractual agreement or obligation.

Personal Line

A personal line of credit, a type of unsecured loan that provides a borrower access to a set amount of money which they can borrow from as needed.

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