Examlex
When editing a PivotTable where are values field settings edited?
Ordinary Annuity
A series of equal payments made at regular intervals over a specified period of time.
Nominal Interest
The interest rate stated on a loan or investment agreement before the adjustment for inflation.
Effective Rate
The effective rate is the actual interest rate on an investment or loan, taking into account the compounding of interest, as opposed to the nominal or stated rate.
Compounding Interval
The frequency at which interest is added to the principal of a deposit or loan, influencing the total interest earned or paid.
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