Examlex
At the ages of 2 and 3 years of age,children begin to understand three mental states:
Interest
This refers to the cost of borrowing money, expressed as a percentage of the borrowed amount, payable to the lender at a specified rate and time.
Original Investments
The initial amount of money invested in a project or business by its owners or investors.
Net Income
Net income refers to the total earnings of a company once all costs, expenses, and taxes are deducted from its total revenue.
Salary Allowances
Specific amounts designated for employees that are over and above their standard salary, often for specific purposes like housing, transportation, or special duties.
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