Examlex
Refer to the above table, between years 2 and 3:
Month-End Contributions
Investments or payments made into a financial account or plan at the end of the month for accounting or strategy purposes.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Annual Rate
The interest rate for a whole year, as opposed to just a monthly fee/rate or other rate expressed for a different period.
Effective Interest Rate
The equivalent annually compounded rate of interest.
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