1. Simple interest = 
2. Future value = 
Definitions:
Economic Profit
The disparity between a company's overall income and its comprehensive expenses, encompassing both out-of-pocket and implied costs.
Drought-Resistant Hybrid
A genetically modified or selectively bred plant variety that is able to survive and thrive in dry conditions.
Price-Taker Model
A market situation where individual firms are unable to influence the prices of goods or services they sell and must therefore accept the market price set by supply and demand forces.
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