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Because of Webconferencing Software as Well as Software Applications That

question 48

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Because of webconferencing software as well as software applications that allow companies to design and host their own lessons and classes online,companies are experiencing far fewer problems:


Definitions:

Annually

Happening annually or pertaining to a timeframe of one year.

Effective Interest Rate

The actual interest rate that a borrower pays or earns on a loan or investment, taking into account the effect of compounding.

Compounded Options

A financial derivative instrument that contains an option that itself has a feature making its payoff at least partially dependent on the future level of interest rates.

GICs

A kind of investment in Canada known as Guaranteed Investment Certificates that provide a promised return rate for a specified duration.

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