Examlex
__________,__________,and __________ are the three general classes of Internet EC applications.
Student Loans
Student loans are borrowed funds provided to students to cover education-related expenses, which must be repaid with interest over time.
Simple Interest
Interest calculated on the principal amount of a loan or deposit, without compounding.
Loan Balance
The amount of money that remains to be paid on a loan.
Student Loans
Money borrowed to pay for education expenses, which must be repaid with interest.
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