The ____________________ Function Calculates the Total of an Expression in a Form

question 5

Short Answer

The ____________________ function calculates the total of an expression in a form or report.

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Definitions:

Simple Interest

Interest calculated only on the principal amount, not on the interest that has been added over time.

Repay

The act of paying back money that was borrowed from a person or institution.

Term Deposit

A fixed-term investment held at a financial institution where money can be invested for a certain period of time, earning a predetermined interest rate.

Simple Interest

Interest measured solely on the primary amount, not factoring in compounding.