Examlex
Which type of joint is usually least mobile?
Annually
Happening annually.
EAR
The Effective Annual Rate, a measurement of interest that takes into account the effect of compounding over the period of time it is applied.
Compounded Monthly
The process of calculating interest on an initial principal, which also includes all of the accumulated interest from previous periods on a loan or investment, with the compounding occurring on a monthly basis.
Effective Annual Rate
The interest rate on an investment or loan that considers the effects of compounding over a given time period.
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