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Identify and define the major concepts of social bonding theory, and state the central propositions in social bonding theory using the concepts to explain criminal and deviant behavior. What research has been done on the theory, and to what extent have research findings supported or not supported the theory?
Interest Rate
is the percentage of principal charged by the lender for the use of its money or the return earned on deposit accounts.
Present Value
The current value of a future amount of money or stream of cash flows, discounted at a particular interest rate.
Simple Interest
Interest assessed only on the principal sum, or on the part of the principal that still needs to be repaid.
Principal Amount
The original sum of money borrowed in a loan or invested, distinct from interest or profit earned.
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