Examlex
Power: A child pulls on a wagon with a horizontal force of If the wagon moves horizontally a total of
in
what is the average power generated by the child?
Term Deposit
A fixed-term investment held at a financial institution that pays interest until a specified maturity date.
Simple Interest Rates
The rate at which interest is calculated solely on the initial amount of capital, without compounding.
Principal Investment
The original amount of money invested or loaned, on which basis interest and returns are calculated.
GIC
Stands for Guaranteed Investment Certificate, a secure investment that promises to return your principal plus interest.
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