Examlex
There is no evidence that switching to light cigarettes helps smokers kick their habit.
Compounded Quarterly
Calculating interest on both the initial principal and previously accumulated interest four times a year.
Lease Interest
The interest cost associated with leasing an asset, often a charge in addition to the lease payments.
General Annuity
An annuity in which the payment interval does not equal the compounding interval.
Annuity Due
An annuity in which the periodic payments occur at the beginning of each payment interval.
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