Examlex
The elements of a crime are
Present Value
The current value of a future sum of money or stream of cash flows given a specified rate of return, accounting for time value of money.
Compounded Annually
A method of calculating interest where the interest is added to the principal at the end of each year, and the following year's interest is calculated on the total amount.
Amortization of Bond Discount
The gradual reduction of a bond discount over the life of the bond, transferring it from the balance sheet to interest expense on the income statement.
Semiannual Interest
Interest that is calculated and paid twice a year on investments or loans.
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