Examlex
Matching
Match each correct item with the statement below.
-The transfer of electricalcharge between two bodies,such as when a techniciantouches a computer component.
Effective Rate
The actual interest rate an investor receives after taking into consideration compounding.
Monthly Compounded Rate
An interest rate applied to the principal and the accumulated interest of a loan or investment on a monthly basis.
Department Store
A retail establishment offering a wide range of consumer goods in different product categories known as "departments."
Compounded Monthly
Interest on an investment or loan is calculated and added to the principal amount at the end of each month.
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