Examlex
For many businesses,the Internet has replaced the telephone,fax machine,and standard mail as the primary communications tool.
Compounded Annually
This refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.
Retire
To withdraw from one's position or occupation; to conclude one's working or professional career.
Present Value
Present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows, given a specified rate of return.
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