Examlex
The comparative analysis of different outside research suppliers that are bidding on a research project should be based on evaluation of
Credit Card
A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the holder's promise to pay for them at a later date.
Effective Annual Rate
The interest rate on a loan or financial product restated from the nominal rate as an annual rate, reflecting the effects of compounding.
Compounded Monthly
The process of adding interest to a principal sum of money, with the interest that is added also earning interest, occurring on a monthly basis.
Insurance Annuity
A financial product offered by insurance companies that provides regular payments to the holder for a specified period or for life in exchange for an initial investment.
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