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Consider the polynomial function P ( x ) = 2 x 2 + x + 4 and find P (3) .
Annual Simple Interest
Interest calculated once a year on the principal sum, without compounding.
Earned
Received as a result of work or effort.
Simple Interest Rate
The rate at which simple interest is calculated, usually on an annual basis.
Borrowed
Funds taken as a loan from a lender with the agreement to pay back with interest.
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