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Imagine that you are a participant in a research study. Which of the following would you have the right to expect?
Loan Balance
The remaining amount of money owed on a loan, excluding interest, at any given time.
Student Loans
Borrowed money aimed at financing higher education expenses, which typically comes with interest and must be repaid after the student graduates or leaves school.
Simple Interest Rates
An interest calculation method where the interest is computed only on the original principal amount throughout the life of the investment or loan.
Principal
The original sum of money borrowed in a loan or put into an investment, excluding interest.
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