Examlex
Fax,e-mail,and voice mail are examples of communication channels.
Simple Interest Rate
The percentage of interest calculated only on the principal amount, not on accrued interest.
Payments
Transfers of money from one party to another to fulfill a financial obligation.
Discounted
A reduction applied to a price or rate, lowering the original amount.
Simple Interest Rate
The percentage of the principal amount that is paid as interest for a specified period.
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