Examlex
What represents the degree to which a system is resilient to stress and able to maintain correct functioning?
Amortized
The process of spreading out a loan into a series of fixed payments over time.
Amortization
The method of distributing a loan across a sequence of consistent installments over a period.
Principal Balance
The remaining amount of money borrowed or invested, excluding any interest or fees.
Compounded Semi-annually
Interest on an investment or loan is calculated and added to the principal twice a year.
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