Examlex
Capital,the factor of production,includes physical capital (such as buildings and machines),human capital (improvement in labour by education and knowledge),and financial capital (such as stock market investments).
Ordinary Annuity
An annuity where the payments are made at the end of each period for a fixed length of time.
Financial Calculator
A specialized calculator used for financial matters, including calculating interests, loans, investments, amortization, and profit and loss.
Compounded Annually
Interest that is calculated and added to the principal balance once a year.
Compounded Monthly
Involves the addition of interest to the principal sum of a loan or deposit on a monthly basis.
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