Examlex
Give an example of interval data that can also be treated as ordinal data and nominal data.
Maintenance Agreement
A contract between a vendor and a customer stipulating regular maintenance services and support over a specified period.
Implicit Lease Rate
An inferred interest rate in a lease agreement, calculated from the lease payments, the fair value of the leased asset, and the residual value.
Present Value Interest Factors
A factor used to calculate the present value of a future amount when the interest rate and period are known.
Guaranteed Residual Value
Guaranteed Residual Value is an assurance that the value of an asset at the end of its lease term will be at least a specified amount.
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