Examlex
Debit means:
Compounded Annually
Interest on an investment or loan calculated once a year, where the interest is added to the principal.
9-Year
An undefined term likely referring to a period or duration of nine years.
Compounded Quarterly
This refers to the process where interest is calculated and added to the principal sum of an investment or loan on a quarterly basis.
12%
A representation of twelve parts in a hundred, often used to describe interest rates, growth percentages, or discounts.
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