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In Australia Several Geographical Classifications Have Evolved to Differentiate Rural

question 4

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In Australia several geographical classifications have evolved to differentiate rural locality and remoteness from urban.What is the seven-level classification system now commonly used?


Definitions:

Compounded Semiannually

Interest calculated twice a year on the initial principal and previously earned interest.

Investment Yield

The profits made from an investment during a specified timeframe, represented as a proportion of the original investment's value.

Maturity Date

The specified date on which the final payment of a loan, bond, or other financial instrument is due to be paid.

Annually Compounded

Interest on an investment that is calculated and added to the principal sum once a year.

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