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GigaTalk, a U.S. based computer manufacturing company, found that Japanese commuters had difficulty using standard laptops on crowded rush-hour trains because, while standing, commuters cannot use their laptops. So GigaTalk created a standing computer. This computer includes a touch screen and small keyboard that can be used while standing or on the move. This is an example of ________.
Simple Interest
Interest calculated only on the principal amount, or on that portion of the principal amount that remains unpaid.
Months
Units of time used in accounting and financial contexts to represent periods or durations, often for reporting, planning, or measurement purposes.
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Maturity Date
The date on which a financial obligation must be repaid in full.
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