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Explain the "balanced scorecard," reviewing its strengths and the five perspectives it takes in evaluating a business.
Rate of Interest
The percentage of the loan amount charged for borrowing money, typically expressed as an annual rate.
Letter Grade
A system of evaluating academic performance using letters, such as A, B, C, D, and F, with A being the highest and F being failing.
Grade Point Value
A numerical value assigned to a grade that measures academic achievement, often used in calculating a student's grade point average (GPA).
Unit Selling Price
The price at which a single unit of a product is sold to consumers.
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