Examlex
The term that refers to the automatic detection of defects is
Ordinary General Annuity
An annuity where payments are dispensed at the conclusion of each period, including monthly or yearly intervals.
Present Value
The today's worth of a forthcoming sum of money or succession of cash flows, given a specific rate of return.
Compounded Semi-annually
Interest on a loan or investment calculated twice a year, added to the principal sum, and earning interest thereafter.
Mortgage Loan
A loan secured by real property through the use of a mortgage note, typically used to purchase property.
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