Examlex
________ is defined as "an artificial being, invisible, intangible, and existing only in contemplation of the law."
A corporation
A co-operative
A partnership
A business owner
A sole proprietorship
Semi-Annually
Occurring twice a year; typically referring to the frequency at which interest is paid or calculated.
Future Value
The amount of money an investment is expected to grow to over a period of time, assuming a specific interest rate.
Rates of Return
The positive or negative financial outcome of an investment over an agreed-upon period, expressed as a percent of the investment's initial outlay.
Present Value
The now value of a sum of money to be received in the future or a series of financial inflows, accounting for a specific return rate.
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