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Question 49 Not yet answered Marked out of 1 Flag question The formula Principal X Rate X Time is used to calculate O a Principal

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Question 49 Not yet answered Marked out of 1 Flag question The formula Principal X Rate X Time is used to calculate O a Principal amount b. Simple interest OC. Down payment amount d. Compound interest Question 50 Not yet answered Marked out of 1 Flag question Total of all monthly payments + Down payment = a. Finance charge O b. Deferred payment price Oc. Interest charges od. Installment payment

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