Examlex
Explain the simplex method used by Solver.
Stated Interest Rate
The interest rate explicitly stated on a loan or investment agreement, not accounting for compounding.
Face Value
The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate, representing its worth at issuance.
Face Value
The nominal value or dollar value printed on a financial instrument like a bond or bill, representing its worth at maturity.
Accrued Interest
Interest that has been earned but not yet paid, typically relating to bonds or loans, accruing daily until the payment date.
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