Examlex
How do you differentiate between a futures contract and a forward contract?
Initial Investment
The upfront sum of money used to start an investment or project.
Compounded Daily
An interest calculation method where interest is added to the principal sum daily so that each day's interest earnings also earn interest in the future.
Nominal Interest Rate
The stated or named interest rate on a loan or investment, not accounting for inflation or compounding effects.
Compounded Monthly
Interest that is calculated and added to the account balance every month.
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