Examlex
Explain how California droughts have far-reaching consequences.
Straight-Line Method
The straight-line method is a technique for calculating depreciation of an asset by evenly spreading its cost over its expected useful life.
Semiannual Interest
Semiannual interest refers to the interest payment made two times a year on a loan or bond.
Present Value
The present valuation of a future financial sum or cash flow series, factoring in a specific return rate.
Compound Interest
Interest earned on both the initial principal and the accumulated interest from previous periods on a deposit or loan.
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