Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Great Society
Investment
Commitment of current resources in the expectation of deriving greater resources in the future.
Effective Annual Rate
The interest rate on an investment or loan which accounts for the effect of compounding over a given period.
Semi-annually Return
The rate of return on an investment calculated by compounding interest twice a year.
Investment
The action or process of allocating resources, usually money, with the expectation of generating an income or profit.
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