Principal is the amount you borrowed, and interest is the amount you pay to the lender as a charge for borrowing. To calculate interest, multiply the principal amount by the interest rate, then ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

As we all know, video games are judged on four criteria: The graphics, the gameplay familiarity, the price, and the length. But often times, the “video games media” conflates such objective judgements ...