Examlex
The arithmetic-logic unit includes instructions and literally tells the other hardware devices what to do, based on the software instructions.
Nominal Rate
The stated interest rate of an investment or loan, not including the effect of compound interest or inflation adjustments.
Monthly Compounded
A method of calculating interest where the interest is added to the principal each month, resulting in interest earned on interest.
Nominal Rate
The stated interest rate of a bond or loan, not adjusted for inflation.
Compounded Annually
A method in which interest is calculated once per year and added to the total sum, affecting the principal for the next period.
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