Examlex
Active practice occurs when trainees perform job-related tasks and duties during training.
Withdraw
To remove funds from a bank account, or to pull back an offer or participation in an activity.
Annual Percentage Rate
The Annual Percentage Rate (APR) is the yearly interest rate charged on borrowed money, encompassing both the interest rate and any associated fees, to represent the total cost of borrowing.
Per Month
The term per month is used to describe or quantify an event, action, or measurement over the period of a month.
Compounded Monthly
A method of calculating interest where the interest earned on an investment is reinvested and earns additional interest in subsequent periods on a monthly basis.
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