Examlex
Federal expenditures have slowly but steadily decreased over the past 15 years.
Effective Rate
The actual interest rate on an investment or loan, considering the compounding of interest at specific intervals within a given time period.
Interest Rate
The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage.
Effective Yield
The total yield on an investment after considering the effects of compounding interest or dividends over a specific period.
Simple Annualized
A calculation estimating yearly returns by extrapolating non-annual data without accounting for compounding effects.
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