Examlex
A ball of mass mB is released from rest and acquires velocity of magnitude vB before hitting the ground. The ratio of the kinetic energy the Earth acquires to the kinetic energy the ball acquires is
Compound Interest
Interest accumulation on a loan or deposit which is based on the principal amount as well as on all previously gathered interest from past periods.
Annuity
An investment vehicle designed to provide a consistent payment flow to a person, often employed to secure a steady income for individuals in retirement.
Callable Bonds
Bonds that can be redeemed by the issued before their maturity date at a predefined calling price.
Fiscal Year
A 12-month period that a company or government uses for accounting purposes and preparing financial statements, not necessarily matching the calendar year.
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