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Information is carried from the body's tissues and sensory receptors to the central nervous system by
Effective Rate
The actual interest rate an individual pays on a loan or earns on an investment, accounting for compounding.
Monthly Rate
The interest or return generated by an investment or loan over a one-month period, often annualized for comparison purposes.
Loan Payment Schedule
A detailed plan showing the amount and timing of payments required to repay a loan, including both principal and interest components.
Amortized Loan
A loan with scheduled periodic payments that consist of both principal and interest, designed to pay off the debt over a set period.
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