Examlex
The F-test for two population standard deviations is robust to moderate violations of
the normality assumption.
Simple Interest
Interest calculated on the principal amount of a loan or deposit, without compounding.
Loan Balance
The amount of money that remains to be paid on a loan.
Student Loans
Money borrowed to pay for education expenses, which must be repaid with interest.
Principal
The initial sum of money borrowed in a loan or put into an investment, exclusive of any interest or dividends.
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