Examlex
Which statement is NOT true?
Earn Interest
The process by which money deposited in a savings account or investment grows over time due to the payment of interest.
Months
Units of time measurement that constitute roughly one-twelfth of a year, used in planning and tracking various financial activities.
Interest
The cost of borrowing money or the payment received for lending money, usually expressed as a percentage of the principal.
Investment
Investment involves allocating resources, usually money, with the expectation of earning an income or profit over time.
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