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Hasanna is preparing an informative speech on her home country, Nigeria. She wants to reduce her full-sentence outline to a concise, condensed outline with notations. What type of outline should she create?
Cash Flow Stream
A series of cash inflows and outflows over a period of time, often used in financial analysis and valuation.
Effective Return
The actual yield or rate of return achieved by an investment, accounting for compounding interest or reinvestments, as opposed to the nominal rate.
Compounded Daily
Refers to the process where interest earned is added to the principal daily, allowing the investment to grow at an accelerated rate due to the effects of compounding.
EAR
Effective Annual Rate, the interest rate on an investment or loan that considers compounding within the year.
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