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Foundations: Personal Finance Test 1
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August 2025
2025/2026
A+
Foundations: Personal Finance Test 1
Consumer - correct answers A person or organization that uses a product or service
credit - correct answers the granting of a loan and the creation of debt; any form of deferred payment
debt - correct answers an obligation of repayment owed by one party (the debtor/borrower) to a secondary party (the creditor/lender); in most cases this includes repayment of the original loan amount plus interest
economy - ...
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