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Why is the notion of adaptation such a critical aspect of all human culture?
Simple Interest
A method of calculating interest where the interest charge is based only on the original principal, not on the interest which has been added over time.
Annual Rate
The interest rate for a period of one year.
T-Bill
A short-term government debt obligation backed by the Treasury Department of a country with a maturity of less than one year.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual rate.
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