Examlex
The San Andreas fault lies on the boundary of the Pacific plate and the ______________ plate.
Perfectly Elastic
Refers to a situation in demand or supply where quantity changes infinitely with any change in price.
Compounded
In finance, it refers to the process where interest is calculated on the initial principal and also on the accumulated interest of previous periods.
Actual Annual
Refers to the true or realistic yearly financial or quantitative performance or output of an entity or activity.
Interest Rate
The cost of borrowing money or the return for investing money, usually expressed as a percentage of the principal amount per year.
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