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If the Balance Sheet shows $75,000 in assets and $4,000 in liabilities, what is the company's equity?
Grows
an increase in size, number, value, or strength.
Investment
Allocating financial resources with the aim of generating revenue or gains.
Interest
A charge for borrowed money, generally a percentage of the amount borrowed.
Simple Interest Rate
A method of calculating interest where the charge is based only on the original principal, not on the accumulated interest.
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