Examlex
What are some of the major government initiatives in education policy in the past three decades? Have they been successful? Has control over education shifted more toward state and local or toward the federal government?
Annual Interest
Interest calculated over a 12-month period on the outstanding balance of a loan or deposit, usually compounded annually.
Second Year
Typically refers to the second year in context, such as the second year of a business's operations, investment timeline, or an academic program, denoting a stage of progression or development.
EAR
Effective Annual Rate, a comprehensive measure of the cost of borrowing on a loan or earning on an investment, taking into account the effect of compounding interest.
APR
Annual Percentage Rate; the annual rate charged for borrowing or earned through an investment, including any fees or additional costs associated with the transaction.
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