Examlex
Choose from the terms listed and match them with their most correct description. You may use the same answer more than once.
-Takes time and practice to develop
Compounded Quarterly
The process of adding interest to the principal sum of a loan or deposit, calculated every three months.
Mortality Table
A statistical table showing the rate of death at each age, used by insurers to calculate premiums and by actuaries for statistical assessments.
Life Insurance Policies
Contracts with an insurance company in which the company pays a designated beneficiary a sum of money upon the death of the insured person.
Annual Yield
The yearly return on an investment, expressed as a percentage of the investment's total cost.
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