Examlex
The average rate of return method of capital investment analysis gives consideration to the present value of future cash flows.
Simple Interest
Interest calculated only on the initial amount of a loan or principal, not on the interest previously earned.
Payments
Amounts of money that are paid or due to be paid as part of a contractual agreement or obligation.
Personal Line
A personal line of credit, a type of unsecured loan that provides a borrower access to a set amount of money which they can borrow from as needed.
Prime Rate
The interest rate that banks charge their most creditworthy customers.
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