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The Performance Formula Is Performance = _________________________________________

question 10

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The performance formula is performance = _________________________________________.


Definitions:

Interest Components

The different parts that make up the total interest calculation, including the principal amount, interest rate, and time period.

Principal

The original sum of money borrowed in a loan or the initial amount of investment, not including interest or profits.

Simple Interest

Interest assessed only on the base amount, or on whatever portion of the base amount has not been settled.

Interest

Payment made for the use of borrowed money, calculated as a percentage of the principal sum.

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