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Affirmative action is taking steps to hire and promote people from groups previously discriminated against.
Total Interest
The total amount paid or earned over the life of a financial product, such as a loan or an investment, in addition to the principal.
APR
Annual Percentage Rate, a measure used to calculate the cost of borrowing or the yield from an investment, taking into account interest rates, fees, and loan terms.
Monthly Payment
The specific amount of money paid each month, typically used in the context of loans, that includes both principal and interest.
Principal
The balance, or amount of money, in an account, or amount borrowed.
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