Examlex
When preparing written documents,the _____ voice,as in the sentence "Tom designed the system," should be used whenever possible.
Personal Loans
Unsecured loans given to individuals based on their credit history and income, rather than requiring collateral.
Effective Rate
The interest rate on a loan or financial product, restated from the nominal rate as an annual rate accounting for compound interest.
Interest Charged
The cost of borrowing money, calculated as a percentage of the principal amount on a loan or credit.
Semiannual Compounding
Interest calculation method where the interest is added to the principal twice a year, leading to compound interest growth.
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