Examlex
LAN stands for ____________________.
Compounded Semiannually
Interest calculated twice a year on the initial principal and previously earned interest.
Investment Yield
The profits made from an investment during a specified timeframe, represented as a proportion of the original investment's value.
Maturity Date
The specified date on which the final payment of a loan, bond, or other financial instrument is due to be paid.
Annually Compounded
Interest on an investment that is calculated and added to the principal sum once a year.
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