Examlex
To determine the ability of a company to service debt, you would calculate the debt ratio.
Semi-annual Payments
Payments that are made twice a year as a means to fulfill a financial obligation.
Loan
A borrowed amount of money that should be returned along with an additional interest payment.
Nominal Interest Rate
The stated annual interest rate on which the compound-interest calculation is based.
Annually Compounded
Interest on an investment that is calculated once a year on both the initial principal and the accumulated interest from previous periods.
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