Examlex
Find the dot product v · w.
-v = -15i + 5j, w = 4i - 4j
Simple Interest
Interest calculated only on the original amount of money borrowed or invested, without compounding.
GIC
A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, typically issued by banks or trust companies.
Maturity Value
The amount payable to the investor at the end of a security's maturity period; this includes the principal plus interest.
Treasury Bill
Short-term government securities issued at a discount from the face value and mature in a year or less, representing a secure investment.
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