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Explain what Marx and Engels mean when they say, "The Communists disdain to conceal their views and aims. They openly declare that their ends can be attained only by the forcible overthrow of all existing social conditions. Let the ruling classes tremble at a Communistic revolution. The proletarians have nothing to lose but their chains. They have a world to win."
Exact Simple Interest
Interest calculated on the principal amount of a loan or investment, based on a 365-day year without compounding.
Loan Period
The duration of time from when a loan is issued to when it is expected to be fully repaid, including its principal and interest.
365-day Year
A financial calculation basis using a calendar year of 365 days for computing interest rates and other financial metrics, ignoring leap year variations.
Exact Simple Interest
The precise amount of interest earned or paid on a principal amount over a specific period, without compounding.
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