Examlex
Global wealth is more unequally distributed than global income.
Long Term Liability
A financial obligation of a company that is due for a period exceeding one year, including bonds payable, long-term loans, lease obligations, and pension obligations.
Future Value
The amount of money an investment will grow to over a period of time at a specified interest or growth rate.
Future Value
The estimated amount that an investment will grow to over a period of time at a specified rate of interest.
Compounded Annually
Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated once per year.
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