Examlex
At a restaurant a complete dinner consists of a salad,an entree,a dessert,and a beverage.For the salad,the choices are tossed green salad,gelatin salad,or cottage cheese; for the entree,the choices are chicken,roast beef,or flounder; for the dessert,the choices are pudding,pie,cake,or ice cream; for the beverage,the choices are coffee,tea,or milk.How many complete dinners are possible?
Compound-interest
Interest computed on both the original sum invested or loaned, as well as on the interest that has been added to this principal amount over earlier periods.
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.
Investment
The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.
Strip Bond
A debt security that has had its main components, namely the coupon and the principal, separated to be sold individually as zero-coupon bonds.
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