Examlex
Transient heat flow occurs in
GIC
Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.
Maturity Value
The total amount that will be paid out or received at the end of a financial instrument's term, including principal and interest.
Semi-Annually Compounded
Interest on an investment or loan that is calculated and added to the principal balance twice a year.
Quarterly Compounded
Interest is added to the principal every three months, with subsequent interest calculations based on the resulting total.
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