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Simple Interest
Interest is calculated merely on the principal or on what part of the principal is still owed.
T-Bill
Short for Treasury Bill, a short-term government security issued at a discount from the face value and maturing at par.
Interest Rates
The percentage of a sum of money charged for its use or paid to investors over a period.
T-Bill
Short for Treasury Bill, a short-term government security issued at a discount from the par value and paying no interest before maturity.
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