Examlex
A strong rapport deepens the quality of the relationship between the customer and the salesperson, making successive sales easier.
Interest Rate
The percentage of a loan or savings amount that is charged as interest to the borrower or paid to the investor, typically expressed on an annual basis.
Annual Rate
The interest rate for a period of one year, often used for comparing the yields of financial products.
Deposits
Funds placed into an account at a financial institution for safekeeping or as a pledge for future repayment.
Compounded Semiannually
The process of calculating interest on both the initial principal and the accumulated interest of previous periods on a semiannual basis.
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