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Lasar says to Kiera,"How are you?" Kiera replies that she's,"doing well;" however,she looks sad and is slumped over.Research suggests that Lasar is most likely to believe Kiera's verbal message more than her nonverbal communication.
Compounded Annually
A method of calculating interest in which the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.
Present Value
The present value of a future amount of money or sequence of cash flows, based on a certain rate of return.
Notes Payable
Short or long-term financial obligations evidenced by promissory notes, requiring the borrower to repay the principal amount along with any accrued interest.
Market Interest Rate
The prevailing rate of interest available in the marketplace for securities of similar risk and maturity.
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