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Approximate sin 30.075°.
Maturity Value
The amount payable to the investor at the end of a fixed-term investment, including both the principal and the interest.
Compounded Semi-Annually
This refers to the process of calculating interest on the initial principal and the accumulated interest over two periods within a year.
11%
11% typically refers to an interest or annual rate, indicating that 11 percent of the principal amount will be paid in interest over a year.
Nominal Rate
The promoted or declared rate of interest on a loan or investment, excluding the impacts of compounding and inflation.
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