Examlex
Which of the following is a set of short-range wireless technologies used to share information among devices within about 2 inches of each other?
Simple Interest
Interest calculated only on the principal amount of a loan or deposit, without compounding.
Note Payable
A formal written agreement to pay a specified amount of money, including interest, by a certain date, recorded as a liability on the balance sheet.
Original Principal
The initial amount of debt or loan before any interest or fees are added; it is the base amount on which interest calculations are made.
Accrued Interest
Interest earned or owed that has not yet been paid or received.
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