Walmart and Target Are Both Examples of

question 74

Multiple Choice

Walmart and Target are both examples of

• A) department stores.
• B) category killers.
• C) discount stores.
• D) supermarkets.
• E) warehouse clubs.

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Definitions:

Simple Interest

Simple interest is a method of calculating the interest charge on a loan based on the original principal amount and the interest rate, without compounding over time.

Monthly Basis

A term referring to events or calculations repeated or measured every month.

Round Answers

The process of adjusting the decimal places of a number to simplify it, based on specific rounding rules.

Simple Interest

Interest calculated on the principal portion of a loan or deposit, using a simple calculation that does not compound.