Examlex
Describe what happens to inflation during the business cycle.Give an intuitive explanation as to why inflation changes the way it does over the business cycle.
Compounded Monthly
Entails the regular addition of interest to the principal balance of a loan or deposit every month, affecting overall returns or costs.
Semi-monthly Payments
Payments that are made twice a month, often on the 1st and 15th, typically in the context of salaries or loans.
Loan to Value Ratio
A financial term used by lenders to express the ratio of a loan to the value of an asset purchased.
Amortized
Relates to spreading payments over multiple periods to gradually eliminate a liability or loan, incorporating both principal and interest components.
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