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Which of the Following Is an Internal Source of Funds

question 66

Multiple Choice

Which of the following is an internal source of funds?


Definitions:

Simple Interest

Interest calculated only on the principal amount, or on that portion of the principal amount which remains unpaid.

Exact Interest

A redefined term referring to the method of calculating interest based on a 365-day year, highlighting the precision in financial computations.

365-Day Year

A calendar year consisting of 365 days, not accounting for leap years which have 366 days.

Total Amount

The full sum resulting from the addition of all parts, quantities, or figures.

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