Examlex
Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands
Clusters
Groups of similar items or data points that are closer to each other than to other items or points in a dataset.
Annual Percentage Rate
The yearly interest percentage rate that expresses the total cost of borrowing, including fees and charges.
Compounded
The process by which an investment grows over time as earnings are reinvested to generate additional earnings, known as compound interest.
Interest Payment
The amount paid by a borrower to a lender as compensation for the use of borrowed money, often expressed as a percentage of the principal.
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