Examlex
Simplify the expression. Assume all variables represent positive real numbers.
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Bond
A bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.
Rule Of 70
The Rule of 70 is a calculation method used to estimate the number of years required for an investment or the economy's GDP to double, based on a constant annual growth rate.
Interest
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a set period.
Utility Function
A mathematical representation that shows the relationship between the overall satisfaction or happiness a consumer derives from consuming various goods and services.
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