Examlex
Stare decisis means "let the decision stand."
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.
Present Value
The determination of today's monetary value for a future cash sum or succession of cash flows, applying a chosen rate of return.
Interest Rate
The portion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Years From Now
A phrase referring to an unspecified point in the future, measured from the current date.
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