Examlex
Passive RFID chip have specific characteristics. Which of the following is not one of these?
Effective Interest Rate
Represents the real cost of borrowing or the real yield on an investment, accounting for compounding periods within a year.
Annual Payments
Regular payments made once per year towards the principal and/or interest of a loan or financial obligation.
Nominal Rate
The interest rate stated on a loan or investment agreement, not accounting for inflation or compounding effects.
Semi-Annual Payments
Payments made twice a year, often used in the context of loan repayments or bond interest payments.
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