Examlex
OLAP is a key tool of BI.
Nominal Rate
The interest rate stated on a financial product, not adjusted for inflation.
Effective Rate
The actual interest rate an investor earns or pays on an investment or loan, taking into account the effects of compounding.
Compounding Interval
The frequency at which interest is added to the principal amount of an investment or loan, influencing the total amount of interest earned or paid.
Compounded Semi-Annually
The calculation of interest on a principal sum twice a year, effectively increasing the amount on which future semi-annual interest payments are calculated.
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