Simple interest is interest calculated on the principal portion of a loan or the original contribution to a savings account. Simple interest does not compound, meaning that an account holder will only gain interest on the principal, and a borrower will never have to pay interest on interest already accrued.
Fauna is sometimes referred to as Fauns, meaning forest spirits. By definition, fauna is a group of indigenous animals of any geographical region. So, the term flora and fauna was coined by biologists to refer to a collection of plant and animal specifies in a given geographic location.
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Step-by-step explanation:
Simple interest is interest calculated on the principal portion of a loan or the original contribution to a savings account. Simple interest does not compound, meaning that an account holder will only gain interest on the principal, and a borrower will never have to pay interest on interest already accrued.
Step-by-step explanation:
Fauna is sometimes referred to as Fauns, meaning forest spirits. By definition, fauna is a group of indigenous animals of any geographical region. So, the term flora and fauna was coined by biologists to refer to a collection of plant and animal specifies in a given geographic location.