Examlex
What does the "Megatons to Megawatts" program do?
Nominal Interest Rates
are the stated interest rates on financial products or loans, not adjusted for inflation, indicating the actual rate of interest charged by lenders.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the real cost of borrowing and the true return on savings.
Tax-exempt Interest Payments
Interest income that is not subject to federal income tax.
Riskier Loans
Loans that have a higher chance of default, often associated with higher interest rates to compensate for the increased risk.
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