Examlex
In the 4C guidelines, cognise refers to
Principal
The original amount of money invested or loaned, before interest.
Compounded
The process of calculating interest on both the initial principal and the accumulated interest from previous periods.
Semi-annually
Occurring twice a year or every six months.
Compounded
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, leading to an increase in interest earnings over time.
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