Examlex
When an explanatory variable is dropped from a multiple regression model,the coefficient of multiple determination can increase.
Annual Percentage Rate
The annual rate charged for borrowing or earned through an investment, which represents the actual yearly cost over the term of a loan.
Periodic Compounding
Periodic compounding involves the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a deposit or loan.
Mortgage Loan
A loan secured by real estate. Commonly referred to simply as a mortgage.
Compounded Monthly
The process of adding interest earned back to the principal sum of a deposit or loan, with this process happening every month.
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