Examlex
A program is said to be____________ if it meets modern standards of program design.
Compounded Monthly
A method of calculating interest where the interest earned or paid is added to the principal so that the next interest calculation includes prior interest.
End of Year Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time.
Opportunity Cost
The potential benefits missed out on when choosing one alternative over another.
Oversight
The action of overseeing or supervising, often used in the context of governmental bodies monitoring and regulating institutions to ensure they are complying with laws and policies.
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