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What is a wearable computer with an optical head-mounted display (OHMD) ?
Nominal Rate
The stated interest rate of a financial product, not adjusted for inflation, which represents the rate before taking into account the compounding period.
Simple Interest
Interest calculated solely on the principal amount of a loan or deposit, over a particular time period.
Effective Annual Rates
The real return on an investment, taking into account the effect of compounding interest over multiple periods within a year.
Equal Installments
Periodic payments of the same amount over the term of a loan or investment.
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