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COGNITIVE ASSESSMENT Which of the following refers to the process of writing on an optical disc?
Simple Interest
A method of calculating the interest charge on a loan or financial product based on the original principal amount and the interest rate over a period of time.
Principal Amount
This is the original sum of money borrowed in a loan or put into an investment, not including any interest or dividends.
Invested
Describes the act of allocating resources, usually money, into something to earn income or gain profits.
Surplus Funds
Excess of income or assets remaining after all expenses and obligations have been met.
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