Examlex
Which term refers to a schema that is the best representation of some category but that is not represented by an existing entity?
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return.
Future Value
The estimated value of an investment at a specific future date, taking into account factors such as interest rates and compounding.
Amortized
The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.
Outstanding Principal
The portion of a loan amount that has not yet been repaid to the lender.
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