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Define racial/ethnic ambiguity and what implications might it have in the counseling paradigm?
Interest
The amount paid for the use of borrowed money, typically expressed as a percentage.
Invested
The allocation of resources, typically money, into ventures with the expectation of generating income or profit.
Interest
The cost of borrowing money or the earnings from lending money, calculated as a percentage of the principal amount.
Simple Interest Rate
A rate used to calculate the interest charge on a loan over a specific period of time, not accounting for the effect of compounding.
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