The Principal of a Loan Does Not Include Any Interest

question 77

True/False

The principal of a loan does not include any interest charges.

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Definitions:

Biology

The scientific study of life and living organisms, focusing on their structure, function, growth, evolution, and distribution.

Evolution

A scientific theory describing the process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Pathological Fear

An excessive and irrational fear response to a specific situation, object, or activity, which can lead to avoidance behavior and impacts daily functioning.

Allergic Reaction

A biological response where the immune system reacts to substances in the environment that are normally harmless.