Examlex
A work cell is an autonomous production line that can perform only one required operation efficiently at a time.
Compounded Monthly
Interest on a loan or investment calculated each month and added to the balance, so future interest accrues on a larger total.
Savings
Money set aside for future use rather than spending immediately.
Lump Sum
A single payment made at a particular time, as opposed to several smaller payments.
Compounded Semi-annually
Interest on an investment or loan is calculated and added to the principal sum twice a year.
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