Examlex
Simplify the expression.
Simple Interest
Interest figured solely on the initial sum, excluding any compounded amounts.
Maturity Value
The amount that will be received at the end of a fixed-term investment, including the principal and any accumulated interest.
Initial Amount
The starting amount of money before any growth or shrinkage due to interest or losses.
Simple Interest Rate
A fixed percentage of the principal amount that is paid or earned over a specific period of time, not compounding.
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