Which of the Following Is the Most Appropriate Phrase to Use

question 52

Multiple Choice

Which of the following is the most appropriate phrase to use in a message refusing a request?

• A) We cannot permit…
• B) Although we would like to, we cannot permit…
• C) For these reasons, what we can do is…
• D) We deeply regret to inform you…
• E) We are sorry to say that…

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Definitions:

Annual Rate

The interest rate for a loan or investment over a one-year period, often used to compare the yield of financial products.

Student Loans

Loans taken by students to cover higher education expenses, expected to be repaid with interest.

Simple Interest Rates

Interest calculated only on the principal amount of a loan or deposit, without compounding over time.

Outstanding Balance

The amount of money owed on a loan, credit card, or any other debt that remains unpaid.