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A moderating variable influences the dependent- as well as the independent variable.
Equivalent Interest
The interest amount that would be generated by applying a given interest rate, typically expressed as an annual rate.
Equivalent Interest
A term used in finance to describe an interest rate that may have been adjusted to reflect compounding over a different period than the one originally stated.
Equivalent Interest
An interest rate or yield that makes two financial instruments with different payment structures equally valuable.
Nearest 0.01%
A method of rounding numbers to the closest hundredth of a percent.
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