Examlex
What is the exact location of a file called?
Discounted
The process of determining the present value of a future amount by applying a discount rate.
Simple Interest
Simple interest is a way of calculating interest where the amount earned or paid is based on the original principal and does not compound.
Face Value
The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.
Interest Rate
The percentage of a loan that is incurred as interest by the borrower, usually represented as an annual percentage of the outstanding loan amount.
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