Examlex
Select the correct definition for each of the combining forms.
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Compounded Semi-annually
Interest on a loan or investment calculated twice a year, added to the principal sum, and earning interest thereafter.
Mortgage Loan
A loan secured by real property through the use of a mortgage note, typically used to purchase property.
Compounded Annually
Compounded annually refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods once a year.
Rate of Return
The increase or decrease in the value of an investment during a set timeframe, represented as a proportion of the investment's starting price.
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