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Type: Multiple-Choice
Category: Business Technology
Level: Grade 10
Tags: Financial Literacy, Credit
Author: JenniferCrump
Created: 4 years ago

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Business Technology Question

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Grade 10 Business Technology

Annual percentage yield is
  1. the interest that is paid out for money market investments.
  2. the process that calculates interest based on previously owned interest.
  3. the percentage of increase in the value of savings as a result of interest earned.
  4. the percentage rate expressing the total amount of interest that would be received on a deposit based on the annual percentage rate.
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