Examlex
Briefly describe how a computer works.
Nth Term
The general term of a sequence, represented as a function of its position, n, in the sequence.
Formula
A concise way of expressing information symbolically, such as a mathematical or chemical formula.
Compounded Yearly
Calculating interest on an investment or loan annually, where the accrued interest is added to the principal sum each year.
Interest Rate
The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the outstanding loan.
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