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Find the sum or difference. Write the answer in standard form.
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Interest
The expense associated with taking out a loan, usually represented as a yearly percent of the total loan value.
Years
A measurement of time equal to 365 days (or 366 days in a leap year), used to denote the duration or age of something.
Insurance Annuity
An insurance product that pays out income, typically used as a retirement strategy to provide individuals with a steady income in their post-work years.
Rate of Return
Net profit or net loss from an investment during a specified time span, presented as a percentage of the investment's initial financial input.
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