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__________ refers to money that is earned on just the principle. "Bank fees" "Simple interest" "Asset allocation" "Compound interest"

User Amer Bearat
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1 Answer

13 votes
13 votes

Answer:

simple interest is the answer.

Step-by-step explanation:

interest calculated on the principal portion of a loan or the original contribution to a savings account.

User Ujjwal Garg
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