Examlex
What are the five key elements of a learning organization and why are they important?
Maturity Value
The total amount payable to an investor at the end of a fixed term investment, including the principal and the interest.
Interest Amount
The sum of money paid or earned as interest, calculated by applying the interest rate to the principal.
Simple Rate
An interest calculation method where interest is not compounded on earned interest, instead applied only on the principal amount.
Principal Plus Interest
It is the total amount due that includes the original amount borrowed (principal) in addition to the charged interest on that principal.
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