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Authority Is Formal,whereas Power Is Informal

question 69

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Authority is formal,whereas power is informal.


Definitions:

Investment Matured

An investment matured refers to when an investment reaches its due date and the principal amount is returned to the investor along with any final interest payments.

Interest Amount

The sum paid or charged for the use of money or for borrowing money.

Interest Earned

Interest Earned is the amount of interest received over a period on deposits or investments.

Invested Amount

The sum of money placed into an investment vehicle with the expectation of generating a return.

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