Examlex
If you were thinking about a washing machine as a system which of the following represents the outputs?
Savings Account
A deposit account held at a bank or other financial institution that provides modest interest income.
Daily Closing Balance
The total amount of money in an account at the end of the trading day, reflecting all transactions processed that day.
Simple Interest Rate
A method of calculating interest where the interest charge is based on the original principal only.
Payments
Transfers of money in exchange for goods or services or as fulfillment of obligations under a contract.
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