Examlex
Main memory is also called read-only memory.
Starting Bonus
A preliminary financial incentive given to a new employee as an enticement to join a company.
Interest Compounded
The process whereby interest is added to the principal sum, so that from that moment on, the added interest also earns interest, leading to exponential growth.
Annuity Growth Rate
The rate at which the value of an annuity investment increases over time due to interest and investment income.
Present Value
The current estimation of a future financial sum or series of payments, when discounted at a specific rate of return.
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