For Best Results,make Your Mnemonic Images

question 148

Multiple Choice

For best results,make your mnemonic images

• A)exaggerated or bizarre.
• B)vivid.
• C)interactive.
• D)all of these.

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Definitions:

Present Discounted Value

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

Interest Rate

The percentage at which interest is paid by borrowers for the use of money they borrow from a lender, or earned by depositors for funds deposited in a bank account.

Income

Earnings received through work, investments, or other sources.

Undertake Investment

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.