Examlex
Which of the following is included in M2 but is not included in M1?
Simple Interest
A method of calculating interest where it is applied only to the principal amount, not on the accumulated interest.
Profit
The financial gain obtained when revenue from business activities exceeds the expenses, costs, and taxes involved in operating.
Simple Interest
An interest calculation method where the charge is based on the original principal amount, unaffected by the added interest.
Required Rate
The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.
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