Match Each Following Terms with Their Correct Description from the Items

question 17

Multiple Choice

Match each following terms with their correct description from the items listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Is a statistical method

• A)High-low method
• B)Scattergraph method
• C)Least squares (regression) method

---

Definitions:

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the rate that banks and other lenders quote.

Effective Interest Rate

The actual interest rate when compounding is accounted for, expressed as an annual rate.

Lender

An individual, a financial institution, or an entity that provides funds to another with the expectation that the funds will be repaid, usually with interest.

Borrowers

Individuals or entities that receive funds from a lender under the condition of returning it over time, typically with interest.