Examlex
Margot's gourmet bakery is growing in popularity. She needs to hire two new employees, a baker and a server. Where should she focus her recruitment efforts?
Deposit
A quantity of funds saved or stored in a banking account, often for the purpose of accruing interest.
Interest
The cost of borrowing money or the payment received for depositing money, usually expressed as a percentage of the principal over a period of one year.
Simple Interest Rate
The percentage of interest calculated only on the principal amount, not including any interest from previous periods.
Investment
The allocation of resources (such as time, money, or effort) in the expectation of generating a future return or profit.
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