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In Oracle,the Date,November 12,2015 Would Be Stored as '12-NOV-2015'.​

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In Oracle,the date,November 12,2015 would be stored as '12-NOV-2015'.​

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Definitions:

Mortgage Notes Payable

A legal document indicating the amount of a mortgage loan and the terms under which it is to be repaid.

Contractual Interest Rate

The agreed-upon interest rate specified in a loan or bond contract, which the borrower must pay to the lender.

Market Interest Rate

The prevailing rate of interest determined by supply and demand in the financial markets.

Straight-Line Method

A method of depreciation that allocates an equal amount of the depreciable cost of an asset to each year of its useful life.

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