Examlex
Describe the concept of microexpressions and how they might be used to detect lies or deception.
Nominal Rate
This is an interest rate that has not been adjusted for inflation, representing the face value of financial products.
Effective Rate
The actual interest rate on an investment or loan, taking into account the compounding of interest at specified intervals over time.
Compounded Continuously
A method of calculating interest where the amount earned is constantly reinvested, leading to exponential growth over time.
Effective Annual Rate
The effective annual rate is the real return on an investment, taking into account the effect of compounding interest over a year.
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