Examlex
Budgeting and long-range planning are two terms that describe the same process.
Nearest 0.01%
Adjusting values to ensure that they are as close as possible to an accurate hundredth of a percentage point for increased accuracy.
Nearest 0.01%
The approximation of a value rounded to the nearest hundredth of a percent to increase precision.
Nearest 0.01%
Indicates rounding figures to the closest one hundredth of a percent.
Equivalent Interest Rate
A rate that converts interest rates of various compounding periods into an annual rate for comparison purposes.
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