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What Was the Outcome of a Survey Given to Minnesota

question 6

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What was the outcome of a survey given to Minnesota local officials about their views on state mandates?


Definitions:

Semi-annually

Occurring twice a year, or every six months.

Compounded

The method of calculating interest where the accumulated interest is added back to the principal sum, so that interest in the next period is then earned on the principal plus previously accumulated interest.

Principal

The original amount of money invested or loaned, before interest.

Compounded

The process of calculating interest on both the initial principal and the accumulated interest from previous periods.

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