Examlex
Which of the following is true of the behaviourally anchored rating scale (BARS) ?
Investment
The distribution of funds or assets with the intention of earning financial returns or profits.
Interest
Expenses incurred for the authorization to take out a loan, frequently shown as an annual rate in percentage.
Term Deposit
A financial product offered by banks that earns interest and is held for a predetermined period until it reaches the date of maturity.
Simple Interest Rate
An interest rate calculated only on the principal amount, not on previously earned interest.
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