Examlex
What is the service provided by the LVTS? why is it important?
Accurate To The Cent
Describing a level of precision in financial calculations where figures are exact to the smallest denomination of currency, usually a cent.
Ordinary General Annuity
An annuity where payments are made at the end of each period in a series of equal or fixed payments.
Future Value
The equivalence in value of a future asset or monetary sum to a specified current amount.
Accurate To The Cent
Describes a level of precision in financial transactions where amounts are calculated exactly to the smallest currency unit, such as a cent.
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