Examlex
The year 1976 was the last year global atmospheric temperatures were below average.
Financial Mathematics
Financial mathematics is a field of applied mathematics concerned with financial markets, aiming at solving problems related to valuation, investment, and risk management.
Annuity Formula
A mathematical formula used to calculate the future value of an annuity or the payments required to meet a certain future value.
Compound Interest
Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods.
Exponential Decay
A decrease in quantity that occurs at a rate proportional to the current total, often seen in contexts like radioactive decay.
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