Examlex
A ten billion year old globular cluster has every star evolved into a giant, with no mainsequence stars left.
Rate of Return
The percentage of increase or decrease in the value of an investment over a given period, adjusted for any payouts.
Interest Income
The income earned on funds deposited or invested, including interest payments from savings accounts, certificates of deposit, bonds, and loans.
Growing Annuity
A series of periodic payments that grow at a constant rate per period, often used to calculate the present value of future payments that increase over time.
Present Value
The immediate valuation of a prospective sum of money or sequences of cash payments, utilizing a certain return rate.
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