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Which of the following statements about the so-called "black skull" is NOT true?
Financial Calculators
Electronic tools or software used to perform financial operations and calculations, including loan payments, investment returns, and more.
Interest Rate
The tariff a borrower pays to a lender, calculated as a proportion of the principal, for the right to employ certain assets.
Present Value
Calculated by discounting future cash flows to understand their worth in today's terms, taking into account the time value of money.
Simple Interest
Interest calculated on the principal amount only, not on accrued interest from previous periods.
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