Examlex
Hacking into phone systems is called ___________.
Simple Interest
An interest calculation method where the charge is based on the original principal amount, unaffected by the added interest.
Required Rate
The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.
Simple Interest
Simple interest is a method of calculating interest where the interest charge is based solely on the principal amount, not on previously earned interest.
Discounted
The process of determining the present value of a future amount by applying a discount rate.
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