Examlex
What is outsourcing? Why do firms outsource production of goods and services?
Years
Units of time measuring the duration of 365 days (or 366 days in a leap year), commonly used to quantify time.
Effective Annual Rate
The interest rate on an investment or loan that considers the effect of compounding over a one-year period.
Continuous Compounding
The process of calculating interest and reinvesting it into an account continuously, generating earnings on both the initial principal and the accumulated interest.
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