Examlex
What is a "descriptive statistic"?
Interest
The charge for borrowing money or the return earned on an investment, typically expressed as a percentage.
Years
A measurement of time consisting of 12 months or 365 days, used in financial calculations to determine periods.
Equipment
Tangible property used in business operations, such as machinery, computers, and furniture, which usually has a long-term use.
Rate of Return
The accrual or depletion in value of an investment over a stipulated period, expressed in terms of the percentage of the investment's beginning cost.
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