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Using Can Be Written in Terms Of +, and  as - + , \text { and } \cdot \text { as }

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Using  Using   can be written in terms of  - + , \text { and } \cdot \text { as }\underline{\quad\quad}   can be written in terms of +, and  as - + , \text { and } \cdot \text { as }\underline{\quad\quad}


Definitions:

Revolving Line

A type of credit that does not have a fixed number of payments, in contrast to installment loans; credit is automatically renewed as debts are paid off.

Annual Interest Rate

The percentage of interest that is charged or earned on an investment or loan over the course of a year.

Revolving Line

A credit arrangement that allows a borrower to use or withdraw funds up to a designated limit, repay them, and borrow again.

Simple Interest

A method of calculating interest where the interest charge is based only on the original principal, not on the interest which has been added over time.

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