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Magazine computer ads seldom feature endorsements from Hollywood stars or great athletes.Instead,they offer detailed information for consumers to develop more positive opinions about the company's products.This advertising strategy best illustrates
Simple Interest
Interest calculated only on the initial amount of money (principal), not on the interest accrued over time.
Investment
Allocation of resources, such as time, money, or effort, in hope of generating a future benefit or return.
Interest Rate
The interest percentage applied on the sum of money borrowed by an individual from a financial lender.
Pay Off
A financial term describing the complete repayment of a loan or debt along with any interest owed.
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