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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