Examlex
State whether the function is a polynomial function or not. If it is, give its degree. If it is not, tell why not.
-f(x) = 4x + 2x3
Simple Interest
A technique for computing interest in which the interest expense is calculated solely on the initial amount of the principal.
Maturity Value
The total amount that will be paid to the investor at the end of a fixed-term investment, including the principal and any accrued interest.
Promissory Note
A written promise to pay a specific sum of money to a specified person at a definite time or on demand.
Simple Interest
Interest computed exclusively on the principal sum, without adding compounded interest.
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