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Why is heavy drinking is associated with increased risk of cancer?
Effective-Interest Method
A method of calculating the amortized cost of a bond or loan by applying the effective interest rate to the outstanding balance at each period.
Private Companies
Privately held entities that are owned by individual investors, families, or a small group of shareholders, not available for public trading.
Market Interest Rate
The prevailing rate of interest available in the market for securities of similar risk and maturity.
Effective Interest Rate
The actual return on investment or cost of a loan, taking into account the compounding of interest, as opposed to the nominal rate.
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