Examlex
A cable that is made up of dozens of thin strands of glass and transmits pulsating beams of light is called a coaxial cable.
Simple Interest
Simple interest is a calculation of interest that does not take into account the effect of compounding. Interest is applied only to the principal over a set period.
Monthly Basis
A timeframe or calculation done once every month or for each month.
Round Answers
A mathematical procedure of adjusting the figure to the nearest desired value or precision, often in calculations or data presentations.
Finance Charge
The total cost of borrowing, including interest and other fees.
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