Examlex
Sound vibrations make waves in the fluid inside the cochlea. These waves in the fluid are detected in the cochlea by
Compounded Monthly
A finance term where interest is calculated and added to the principal balance each month, increasing the amount of future interest earned.
Periodic Payment
Payments made or received regularly over a specific period, often monthly or annually.
GIC
In Canada, a Guaranteed Investment Certificate is a type of investment that guarantees a fixed return rate over a certain period.
Compounded Annually
Interest on an investment calculated once a year, where each year's interest adds to the principal.
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