Exam (elaborations)
AAEC 3690 Agribusiness Finance TEST 1 (Michael Adjemian, chpt 1-5,AAEC 3690) CREATED SPRING 2024
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AAEC 3690 Agribusiness Finance TEST 1 (Michael Adjemian, chpt 1-5,AAEC 3690) CREATED SPRING 2024
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Name: Score:12 Multiple choice questions
Term 1 of 12
Assume you are putting some money into savings account at your bank. As the lender, you want
the highest interest rate possible.
True
False
Term 2 of 12
Credit is equity capital
True
False
Term 3 of 12
Assume you are borrowing money from your bank. As the borrower, you want the highest interest
rate possible on your loan.
True
False
Term 4 of 12
Interest rate respond to changes in the supply and demand for money
True
False
Term 5 of 12
Discounting is the principle of compound interest, in reverse.
True
False
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