Examlex
According to the text,all of the following statements regarding education and educational systems around the world are TRUE except
Investment
Allocating financial resources with the aim of generating revenue or gains.
Interest
A charge for borrowed money, generally a percentage of the amount borrowed.
Simple Interest Rate
A method of calculating interest where the charge is based only on the original principal, not on the accumulated interest.
Investment
The assignment of monetary values in the hope of making a profit or gaining income.
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