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Feedback Is the Part of Monitoring That Assesses Whether a New

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Feedback is the part of monitoring that assesses whether a new decision needs to be made.


Definitions:

Simple Interest

Interest computed solely on the initial amount invested, excluding any previously earned interest.

Investment

The undertaking of investing resources, usually capital, with the foresight of amassing income or profits.

Months

Units of time, typically used to measure periods within a year, consisting of 28 to 31 days.

Invested

Assigning monetary assets with the prospect of gaining returns or profit.

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