Examlex
Tim is studying for a test.After seven consecutive hours of studying,he finds he can remember what he just finished studying,but he can no longer remember what he studied five or six hours ago.Tim's memory problems are BEST explained by __________.
Interest Rate
The portion of a loan assessed as interest to the borrower, typically described as an annual rate of the loan's remaining balance.
Payment
The transfer of money, goods, or services in exchange for a product, service, or to fulfill an obligation.
Annual Interest Rate
The percentage of a sum of money charged for its use per year.
Double
To increase or become twice as much in size, amount, or number.
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