Examlex
The chart of accounts is:__________________
Principal Investment
The initial amount of money invested, before any earnings or interest.
Simple Interest
A method of calculating the interest charge on a loan or financial investment based on the initial principal and a fixed interest rate over time.
Interest Rate
The proportion, typically expressed as a percentage, at which interest is charged on a loan or paid on savings.
Like Terms
Terms that have the same variables raised to the same power, which can be combined by adding or subtracting the coefficients.
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