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As You Think Back to What You Did on the Evening

question 57

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As you think back to what you did on the evening of Dec. 31, 2016 you are accessing your


Definitions:

Simple Interest

Interest calculated only on the initial amount of money (principal), without compounding over time.

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which must be paid back with interest.

Positive Integers

Whole numbers greater than zero, found to the right of zero on the number line.

Difference

The result of subtracting one number from another to show the gap or distance between them.

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