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Match Each Term with the Correct Statement Below.

question 31

Multiple Choice


Match each term with the correct statement below.
-Used to end a locked up program


Definitions:

Simple Interest

Interest calculated only on the principal amount, or on that portion of the principal amount that remains unpaid.

Income Earned

The total revenue generated from all sources, including sales, services, and investments, before any deductions.

Additional Deposit

An extra amount of money added to an existing account or investment.

Lump Sum

A single payment made at one time, as opposed to a series of payments made over time.

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