Examlex
You can use the ____ function to get the total amount for data in a range of cells.
Simple Interest
Interest calculated solely on the principal amount of a loan or deposit, over a particular time period.
Effective Annual Rates
The real return on an investment, taking into account the effect of compounding interest over multiple periods within a year.
Equal Installments
Periodic payments of the same amount over the term of a loan or investment.
Borrowed
Borrowed refers to funds that have been taken on loan from external sources, which are expected to be paid back with interest over time.
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