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Only 1% of adults can answer these 7 simple questions correctly
Think you know the basics? Think again. Studies show that most adults struggle with questions that seem surprisingly simple ...
A recent national survey revealed a surprising gap in Americans' understanding of basic financial concepts: only 42% correctly answered a fundamental question about interest rates. This statistic ...
A simple interest loan calculates the interest based only on the principal you owe. It stands in contrast to a compound interest loan, which calculates interest based on principal and any outstanding ...
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