Examlex
Which one of the following costs should NOT be considered an indirect cost of serving a particular customer at a Dairy Queen fast food outlet?
Compounded Quarterly
Calculation of interest every quarter where the interest added also earns interest in the next quarter, compounding the initial investment's growth.
Principal
Principal refers to the initial sum of money borrowed in a loan or the original amount invested, excluding any interest or dividends.
Investor
Someone or a group that puts money into ventures aiming for a return in terms of finance.
Compounded Semi-Annually
Refers to the process where interest is added to the principal balance of an investment, loan or deposit twice a year.
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