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Instructions: Identify the Following Terms

question 27

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Instructions: Identify the following terms.
Shah Mohammad Reza Pahlavi


Definitions:

Principal

The initial amount of money loaned or invested, excluding any interest or dividends.

Interest

The charge for borrowing money or the return on investment, typically expressed as a percentage.

Maturity Value

The total amount that will be paid out or received at the end of an investment period, including principal and interest.

Investment

The act of managing money with the purpose of earning extra revenue or profit.

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