Examlex
Each group of sentences below could be organized into and written as a paragraph. In each group, select the letter of the topic sentence. Which sentence is the topic sentence?
Contract Rate
The interest rate stated in a loan or lease agreement, dictating the rate at which interest accrues on the outstanding principal.
Bond Premium
The excess of a bond's market price over its principal amount or nominal value.
Straight-line Method
A strategy for computing depreciation or amortization through evenly apportioning the cost of an asset across its expected useful duration.
Semiannual Interest
Interest that is calculated and paid twice a year, commonly found in bonds and loans.
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