Examlex
Intangible assets include each of the following except
Compounded Semiannually
Interest that is calculated and added to the principal balance twice a year.
Equivalent Rate
The interest rate that would produce the same compounded financial result over a specific period as a differently compounded interest rate.
Compound Annual Rate
The rate at which a sum of money would grow if it were compounded once per year.
Mining Town
A community developed to house miners and is located near mining operations.
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