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BrainFood is a brand used to promote a concoction of natural ingredients sold in natural health stores as a supplement to help with memory retention. Recently, MindFood has come onto the market and has begun selling supplements that, although composed of different ingredients, are also meant to help with memory loss. The packaging is similar, and the two products are sold in the same stores. Which of the following is most likely TRUE?
Interest
A fee applied to borrowed funds, usually calculated as a percent of the principal amount.
Loan
A sum of money that is borrowed, typically from a financial institution, and is expected to be paid back with interest.
Months
Units of time, each approximately 30 days long, used to measure durations and periods in a year.
Investment
Channeling funds into ventures with the expectancy of generating income or profit.
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