Examlex
The large space telescope that has been placed into an Earth orbit has an aperture diameter of 2.40 meters. What angular resolution will this telescope achieve for visible light of wavelength λ = 4.80 × 10−7 m?
Installment Loan
A loan that is repaid over time with a set number of scheduled payments; typically two payments or more.
Nominal Rate
The nominal rate is the interest rate stated on a loan or financial product, not accounting for inflation or other factors that affect purchasing power.
Repayment Of Principal
The process of paying back the original amount borrowed in a loan, separate from interest payments.
Equal Installments
A method of loan repayment where the borrower pays the lender a constant amount of money periodically, covering both principle and interest.
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