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Match the term on the left with the definition on the right. Trade credit A. The periodic rate compounded for a year Compensating balances Commitment
Match the term on the left with the definition on the right. Trade credit A. The periodic rate compounded for a year Compensating balances Commitment fee Annual percentage rate Discount interest B. The borrower has pledged collateral Amount required to be left on deposit in a checking account D. The apreement that documents a loan E. Purchases from suppliers without immediate cash payment Borrower receives the principal less interest at the inception of the loan G Amount charged on the unused balance of a revolving credit agreement H.Same as quoted rate or simple interest Cective annual rate Secured loan Promissory
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