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A flashlight bulb is connected to a 1.5 V dry cell. If it draws 0.25 A, what is its resistance? (Resistance equals voltage divided by current.)__________ Ω
Investor
An individual or organization that allocates capital with the expectation of achieving a financial return.
Promissory Note
An economic tool comprising a formal pledge by one entity to give a specific amount of money to another, either upon request or at a predetermined future time.
Term Deposit
A type of financial account where money is deposited for a fixed period and a predetermined interest rate, offering higher interest rates than savings accounts but with restricted access to funds.
Simple Interest
A technique for computing interest in which the interest expense is calculated solely on the initial amount of the principal.
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