Examlex
Descartes introduced a new method for understanding called deductive reasoning,which relied on proceeding logically from one certainty to another.
Monthly Compounded
A reiteration indicating that the interest accrues on a monthly basis, thereby increasing the investment or loan amount through compounding.
Promissory Note
A written and signed promise to pay a specified sum of money to a particular person or bearer on a specified date.
Compounded Semi-Annually
The process of calculating interest on both the initial principal and the accumulated interest over half-year periods.
Annual Rate of Appreciation
The rate at which an investment or real estate increases in value over a one-year period, expressed as a percentage.
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