Examlex
The invention of the digital camera is considered to be a:
Compounded Annually
Interest on an investment that is calculated once per year, taking into account the interest that has accumulated up to that point.
Compounded Daily
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, with the compound frequency being every day.
Federal Deposit Insurance Corporation
A U.S. government agency that insures deposits in banks and thrift institutions for at least $250,000 per depositor, per bank.
Compounded Monthly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied on a monthly basis.
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