Examlex
Which of the following statements is not true of people with OCD?
Simple Interest
Interest calculated only on the principal amount, or original sum borrowed or invested, without compounding.
Maturity Value
The total amount payable to an investor at the end of a fixed-term investment, including both principal and interest.
Term Deposit
A bank deposit that has a fixed term and typically earns higher interest than regular savings accounts.
Simple Interest Rate
The percentage of interest calculated only on the principal amount of a loan or investment, without compounding.
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