Examlex
If pairs of factors separate independently of other pairs of factors,you are dealing with
Principal Balance
The outstanding amount of a loan or debt not including interest or other charges.
Amortization Schedule
A table detailing each periodic payment on an amortizing loan, breaking down the amounts going toward principal and interest.
Compounded Semi-annually
An interest calculation method where interest is added to the principal balance of an investment or loan twice a year, resulting in interest on interest.
Amortization Schedule
A detailed table showing the periodic payments on a loan, with each payment allocated between interest and principal repayment.
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