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When two point charges are a distance d part, the electric force that each one feels from the other has magnitude F. In order to make this force twice as strong, the distance would have to be changed to
Term Deposit
A banking product where money is locked away for a certain period of time at a fixed interest rate.
Maturity
The time at which a financial instrument, investment, or insurance policy reaches its final value and the principal is repaid or returned.
Interest
The price paid for the opportunity to use borrowed finances, generally expressed through an annual percentage.
Simple Interest
Interest calculated only on the principal amount, or on that part of the principal amount which remains unpaid.
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