Examlex
The Americans with Disabilities Act requires businesses to make special accommodations for handicapped workers and customers unless the cost is unduly burdensome.
Compound Interest
Interest determined on the original amount of a deposit or loan, incorporating all the earned interest from past periods as well.
Compounded Semiannually
A method of calculating interest where the interest is added to the principal twice a year, leading to interest earned on interest.
Compounded Annually
This refers to the process of calculating interest on an investment or loan on a yearly basis, where interest from one year is added to the principal for calculation of interest in the next year.
Present Value
The current value of a future sum of money or stream of cash flows, given a specified rate of return.
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