Examlex
Between 1996 and 2008, citizens in nine states adopted ballot initiatives
Rate of Return
The capital gain or loss realized on an investment over an allocated period, defined as a percentage of the investment’s preliminary cost.
Per Month
A time frame reference indicating occurrences or measurements within a calendar month.
Effective Annual Rate
A financial metric that represents the equivalent annual interest rate taking compounding into account, thus providing a more accurate measure of interest earned or paid over a year.
Compounded Semi-Annually
Interest on an investment is calculated and added to the principal sum of the investment two times a year.
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