Examlex
One of the disadvantages of synaptic communication is that it takes time for chemicals to pass from one side of the synapse to another. Which of the following is a benefit of synaptic transmission?
Term Deposit
A banking term for a fixed-term investment held at a financial institution where money is locked in for a certain period of time, earning a specified interest rate.
Simple Interest
Interest calculated only on the principal amount, or original sum borrowed or invested, without compounding.
Maturity Value
The total amount payable to an investor at the end of a fixed-term investment, including both principal and interest.
Term Deposit
A bank deposit that has a fixed term and typically earns higher interest than regular savings accounts.
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