Examlex
Using your eyes is a particularly effective way to express meaning without words.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to assess investment value.
Semiannual Interest
Interest that is calculated and paid twice a year, often associated with bonds or loans.
Effective Rate
The actual interest rate that a borrower pays or earns, taking into account the compounding of interest.
Contract Rate
The pre-agreed interest rate specified in a financial contract or loan agreement.
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