Examlex
In Java, all floating point literals are assumed to be of type float.
Present Value
The present value of a future amount of money or series of cash flow using a given rate of return.
Interest Rate
The fee, quantified as a percentage relative to the principal, levied by a lender on a borrower to utilize assets.
Rule of 70
A formula used to estimate the number of years required for an investment or the economy's output to double, calculated by dividing 70 by the annual growth rate.
Interest
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
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