Examlex
Cost management systems tend to focus on an organization's:
Simple Interest
Interest calculated only on the initial amount of money (principal), not on the interest accrued over time.
Investment
Allocation of resources, such as time, money, or effort, in hope of generating a future benefit or return.
Interest Rate
The interest percentage applied on the sum of money borrowed by an individual from a financial lender.
Pay Off
A financial term describing the complete repayment of a loan or debt along with any interest owed.
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