Examlex
Four-year-old Sam is the second child of Jim and Pat Gates.How may Sam's birth order affect his development?
Simple Interest
A method of calculating interest where the charge is based on the original principal amount and does not compound.
Principal Amount
The original sum of money lent in a loan or invested, excluding any interest or profits.
Accrued Interest
Interest on a loan or bond that has accumulated but not yet been paid.
Maturity Value
The amount payable to an investor at the end of a fixed term, encompassing the principal and the interest earned or dividends received.
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