Examlex
An extranet is a private network, such as a school or company network, in which the devices and servers are available only to users connected to the internal network.
Monthly Compounded
Interest calculation method where interest is added to the principal balance monthly, leading to an increase in the amount of interest earned over periods.
Nominal Interest
The stated interest rate of a financial instrument, not accounting for inflation or compounding effects.
Compounded Semi-annually
Interest calculation method where the invested sum earns interest twice a year, and this interest is added to the principal for the computation of future interest.
Semi-annual Deposits
Deposits that are made twice a year into a financial account.
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