Examlex
Categorical grants to states and localities specify exactly what the money can be used for.
Earnings Rate
The rate at which a company or investment generates income, typically expressed as a percentage of the investment or capital.
Compound Interest
Interest calculated on the initial principal and also on the accumulated interest from previous periods.
Net Present Value
A method of evaluating investments by calculating the present value of all expected future cash flows, minus the initial investment cost.
Rate of Return
A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.
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