Examlex
The process in which a positive charge forms on one molecule by the loss of a photoexcited electron, and a negative charge forms on another by the gain of an electron is referred to as ________________.
Nominal Rate
The nominal rate refers to the interest rate stated on a loan or investment agreement before adjusting for inflation or other factors.
Annually Compounded
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, once per year.
Nominal Interest Rate
The interest rate before adjustments for inflation or other factors that affect the real value of money.
Annual Rate
The interest rate for a whole year, as opposed to a shorter period, such as monthly or quarterly.
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