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If one department chair-a professor-can chair only one department and one department can have only one department chair,then the entities PROFESSOR and DEPARTMENT exhibit a(n)____________________ relationship.
Gross Annual Income
Gross Annual Income refers to the total amount of income earned in a year before any deductions are made, such as taxes and retirement contributions.
Down Payment
An initial payment made when something is bought on credit, often expressed as a percentage of the total purchase price.
Buy Down
A financing technique where points are paid upfront by a borrower to reduce the interest rate on a loan.
Point Purchased
In finance, particularly in mortgage contexts, this refers to prepaid interest that the borrower opts to pay upfront in order to lower the interest rate on the loan.
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