Examlex
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Annual Rate
The interest rate for a period of one year, often used to compare the yields of investments or loans.
Simple Interest Rates
The rates at which simple interest is calculated, typically expressed as a percentage of the principal amount annually.
Student Loans
Loans offered to students to finance their education, which are typically repaid after the completion of the degree or program.
Principal
The initial amount of money borrowed in a loan or the amount of money invested, not including interest or profits.
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