Examlex
While youth gang membership is correlated with delinquency,research on the length of gang involvement,meaning the longer a youth stays affiliated with a gang,finds no correlation with disruption into adulthood.
Ordinary Annuity
A series of equal payments or receipts that occur at the end of each period of a specified length of time.
Compounded Monthly
Interest calculation method where the interest is calculated and added to the principal balance each month, allowing for the interest to then earn interest in subsequent months.
Monthly Payment
A specific amount of money that is paid every month, commonly associated with loans or leases.
Effective Rate of Return
The actual annual interest earned or paid on an investment or loan, considering the effect of compounding.
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