Examlex
Dynamic process modeling takes a basic process flowchart and puts it into motion using computer simulation.
Car Loan
A financial loan specifically used to purchase a car, typically secured against the vehicle itself and paid back over a set period.
First Payment
The initial payment made in a series of payments, commonly referring to the first installment of a loan or lease.
Compounded Semi-Annually
Calculation of interest where the amount is recalculated and added to the principal every six months.
First Three Years
The initial period of time covering three consecutive years, often cited in contexts of growth, development, or performance assessment.
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