Examlex
When Mathias did not get a job for which he applied,he was sure that everything was going wrong,that his life was completely off track.This thought is an example of:
Interest
The fee for the right to borrow money, usually stated as a yearly percentage rate.
Compounded Monthly
Describes an interest calculation method where interest is added to the principal sum of a deposit or loan each month, leading to interest on interest.
Annuity
A financial instrument designed to distribute a steady series of disbursements to a person, commonly utilized as a source of income during retirement.
Amortize
To amortize is to gradually reduce or write off the cost or value of an intangible asset through systematic charges to income over its estimated useful life.
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