Examlex
Which of the following comes closest to providing pure service?
Line of Credit
A flexible loan arrangement with a bank or lender, allowing the borrower to draw funds as needed up to a certain limit.
Simple Interest
Interest assessed only on the original investment, without consideration for compounding.
Annual Rate
The amount of interest, return, or other financial change represented annually, often as a percentage.
Treasury Bill
A short-term government security issued at a discount from the face value and maturing at full face value, offering investors a secure, short-term investment option.
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