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Lissette wonders whether personality differences between her friends who recently moved from Nigeria and those who moved from Thailand result primarily from biological influences or from cultural influences.In this instance,Lissette is primarily concerned with the relative contributions of
Interest
The amount paid by a borrower to a lender over a period of time for the use of money, expressed as a percentage of the principal.
Months
Units of time in calendars that approximately correspond to the period of the Earth moving in its orbit around the Sun, usually divided into 12 periods in a year.
Deposit
Money placed into a financial institution for safekeeping, which can earn interest depending on the account type.
Simple Interest Rate
The percentage of an amount of money which is paid as interest for a certain period of time, without compounding.
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