Examlex
Shaw and McKay's statistical analysis confirmed that even though crime rates changed, the highest rates were always in Zones I and Zone II.
Promissory Note
A written, legally binding promise to pay a specified sum of money to a designated person at a specified date or upon demand.
Compounded Semiannually
Interest calculation method that applies the interest to the principal balance and the accumulated interest twice each year.
Simple Annualized Yield
A calculation of investment earnings that does not account for compounding within the year, expressed as an annual rate.
Effective (Annualized) Yield
The effective, or annualized yield, calculates the return on an investment by taking into account the effect of compounding interest over a one-year period.
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