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added to the checkbook balance
subtracted from the checkbook balance
Question 20. 20. (TCO 2) When an individual borrows money to
purchase a new home, he or she will be charged a _____.
prime rate
discount rate
mortgage rate
Treasury bond rate
corporate bond
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BUSN 380 Week 2 Quiz Set 2

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Question 1. (TCO 2) In order to best compare the earnings for
different savings plans, one can refer to each plan's
discounted present value.
compounded rate of return.
net present value.
annual percentage yield.
after-tax rate of return.