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What event ended the transportation of prisoners from England to the United States
Present Value Factor
A factor used to calculate the present value of a sum to be received in the future, considering a specific interest rate over a certain period.
Premium Amortization
The gradual reduction of the premium paid above the face value of a bond, allocated over the bond's life until maturity.
Effective Interest Method
An accounting practice for amortizing the discount or premium on bonds payable or receivable, which reflects the actual interest rate the bond earns.
Bond Discount
The difference between the selling price of a bond and the bond’s face value when the bond is sold for less than par.
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