Examlex
__________is a formal process for eliminating redundant data fields while preserving the ability of the database to add, modify, and delete records without causing errors.
Effective Rate
The interest rate on a loan or investment, adjusted for the effect of compounding over a given period.
Compounded Quarterly
Generating interest on both the initial principal and previously earned interest every three months.
Annual Inflation Rate
The percentage increase in the price of goods and services over a one-year period, reflecting the decreasing purchasing power of a currency.
Purchasing Power
The measure of what one unit of currency can buy in terms of goods or services.
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