Examlex
MATCHING
Match each term with the correct statement below.
-An organized collection of data that is arranged into tables of related information.
Compounded Semi-annually
Interest calculation method where interest is added to the principal twice a year, increasing the amount on which future interest is calculated.
Bequest
A transfer of personal property or assets to a beneficiary as dictated by the will of the deceased.
Perpetual Fund
A type of investment fund that has no fixed maturity date, often aiming to provide investors with a steady income indefinitely.
Indexed Annuity
An annuity that earns interest or provides benefits that are linked to the performance of a specified index of the stock market.
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