Examlex
A catheter is a flexible tube inserted into the body.
Arithmetic Average
The simple mean calculated by adding a set of values and then dividing by the number of values.
Geometric Average
The nth root of the product of n numbers, used to calculate average rates of return over time for investments that undergo compounding.
Compounding
The process where an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.
Effective Annual Rates
The interest rate on an investment or loan that considers the effects of compounding over a year.
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