Examlex
If the learning rate for a process is 80 percent, that same process has a 20 percent __________.
Amortized
Amortized refers to gradually reducing the principle amount owed on a debt over time through a fixed repayment schedule.
Compounded Monthly
Interest on an investment or loan calculated each month and added to the principal, affecting the amount of future interest.
Refinanced
The action of replacing an existing debt with a new one, often with more favorable terms or a lower interest rate.
Total Debt Service Ratio
A debt measure that financial institutions use to evaluate a borrower's ability to manage monthly payments and repay debts.
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