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Along with carrying 18 hours of college classes, Tolek is working full-time at his uncle's hardware store. When Tolek complained to a friend about how tired he was all the time, his friend offered to sell him some methamphetamines. "They give you more energy," his friend explained. Tolek has been using the methamphetamines almost daily for the past two weeks. If Tolek continues his chronic use of methamphetamines, he will experience:
Principal
The initial amount of money borrowed or invested, excluding any interest or dividends.
Installments
Regular, often monthly, payments made towards settling a debt or purchasing a product over time.
Callable Bond
A type of bond that gives the issuer the right to repay the bond before its maturity date, usually at a specified call price.
Redeem
The act of exchanging something, such as a coupon or financial securities, for a specific value or service.
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