The figure above represents ____.
Definitions:
Invested
The process of investing funds or capital into a project anticipating the generation of extra income or gains.
Simple Interest Rate
An interest calculation method where the interest charge is based on the original principal amount, without compounding.
Interest
The cost of borrowing money or the payment received for lending money, usually expressed as an annual percentage of the principal amount.
Simple Interest
A way of calculating interest where the interest charge is based on the original principal only and does not compound.
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