Examlex
Considering Bernard's shoving of Millie in the back,which of the following is true?
Principal Balance
The remaining amount of money borrowed or invested, excluding any interest or fees.
Compounded Semi-annually
Interest on an investment or loan is calculated and added to the principal twice a year.
Amortization Schedule
A table detailing each periodic payment on an amortizing loan, showing amounts toward principal and interest and the remaining balance after each payment.
Compounded Semi-annually
An interest calculation method in which interest is added to the principal balance twice a year, leading to exponential growth.
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