Examlex
This very slow wired technology uses the phone line; an inexpensive ISP subscription should be the only additional cost, but you cannot connect to the Internet and use your phone on the same line simultaneously.
Mortgage Notes Payable
A legal document indicating the amount of a mortgage loan and the terms under which it is to be repaid.
Contractual Interest Rate
The agreed-upon interest rate specified in a loan or bond contract, which the borrower must pay to the lender.
Market Interest Rate
The prevailing rate of interest determined by supply and demand in the financial markets.
Straight-Line Method
A method of depreciation that allocates an equal amount of the depreciable cost of an asset to each year of its useful life.
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