Examlex
All of the following is true of the ideal of civilized behavior known as chivalry EXCEPT
Discount Rate
The interest rate that the Federal Reserve charges commercial banks for loans, or a rate used in discounted cash flow analysis to determine the present value of future cash flows.
Compounded Semi-annually
Interest calculation method where the interest is added to the principal twice a year, leading to a growth in the amount at a faster rate than simple interest.
Compounded Quarterly
This term refers to the calculation and addition of interest to the principal sum of a deposit or loan on a quarterly basis.
RRSP
A Canadian retirement savings plan that defers taxes on contributions and investment earnings until withdrawal.
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