Examlex
What is the name for networks of health care providers that directly provide all or most of a person's health care for a yearly fee?
Annuity
A financial service that offers a continual payment stream to its holder, primarily aimed at funding the post-retirement life of individuals.
Compounded Semiannually
Interest that is calculated and added to the principal twice a year, leading to interest on interest.
Present Value
The contemporary value of a future monetary sum or cash flow stream, calculated with a set rate of return.
Compounded Semi-annually
The process of adding interest to the principal sum of a deposit or loan every six months, so that each subsequent interest calculation is based on the original principal plus all accumulated interest.
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