Examlex
Even body perspiration can provide the dampness that can make electrical contact fatal.
Present Value
Present value denotes the current valuation of a prospective sum of money or sequence of cash flows, based on a predefined rate of return.
Savings Accounts
Deposit accounts held at financial institutions that provide principal security and a modest interest rate.
Deposit
The act of placing funds into a bank account or a sum of money that is held in custody for future transactions.
Simple Interest
The calculation of interest paid only on the original amount of money invested, not on the interest it has already earned.
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