Examlex
Higher-order mental functions include all of the following except
Compounded Annually
A method of calculating interest where the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.
Annual Rate of Interest
The yearly interest rate charged on borrowed money or paid on investments, expressed as a percentage of the principal.
Retirement
The period in one's life when they choose to permanently leave the workforce behind and cease employment.
Average
A statistical measure representing the central or typical value in a set of data, often calculated as the sum of the values divided by the number of values.
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