Examlex
A variety of fuels can be used to generate electricity.Considering only the availability of the fuel and not the cost of converting it into electricity,which of the following fuels is most scarce?
Equivalent Amount
An equivalent amount refers to a value that has the same worth or value as another in a different form or denomination.
Money
A medium of exchange that is widely accepted in payment for goods and services and in settlement of debts.
Annually Compounded
Refers to the process of calculating and adding interest to a principal sum once per year.
Maturity Values
The amount payable to the holder of a financial instrument at its maturity date, often the principal plus interest.
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