Examlex
A ____ box presents a group of items in a list.
APR
The annual interest rate applied to borrowing or generated from an investment.
Compounding
The process of accumulating interest in an investment over time to earn more interest.
Effective Annual Rate
The annualized rate of interest on a loan or financial product, adjusted for the effects of compounding.
Continuous Compounding
A mathematical approach where interest earnings are immediately reinvested to generate additional earnings continuously.
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