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Mark was not cuddly as an infant, and when he should have been learning to speak and interact with his classmates in day care, he instead stayed to himself, waving his hands in front of his face for long periods of time. He has never learned to speak and seems indifferent to other people. He becomes very distressed if anyone moves objects around in his room. Mark most likely has __________.
Effective Interest
The actual interest rate incurred on a loan or bond, reflecting the amortization of any fees or additional costs over the life of the loan.
Interest Revenue
Income earned from investments, loans, and other sources requiring the borrower to pay interest.
Bond Investments
Financial investments in debt securities issued by corporations or governments, which pay interest and are meant to be repaid at maturity.
Amortized
The gradual reduction of a debt over time by making regular payments that cover both principal and interest.
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