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What advice would you give a friend preparing for behavioural interview questions?
Interest
The cost of borrowing money or the payment received for the investment of money, typically expressed as a percentage of the principal.
Maturity Value
Maturity Value is the amount payable to an investor at the maturity date of a financial instrument, typically including the principal and the interest.
Note Receivable
A written promise to pay a specified amount, usually interest-bearing, that is recognized as an asset on the lender's balance sheet.
Promissory Notes
Written promises to pay a specified sum of money to a certain person or entity at a defined time or on demand.
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