Question: The most basic type of financial transaction involves _______________. a. An amount of money that is not invested b. A series of equal installment amounts

The most basic type of financial transaction involves _______________.

a. An amount of money that is not invested

b. A series of equal installment amounts paid or received over a period of time

c. A simple, one-time amount of cash that can be either a receipt or a payment

d. None of the above

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