Examlex
Distinguish between espoused values and enacted values.
Interest
The charge for borrowing money or the payment received for depositing money, typically expressed as an annual percentage rate.
Interest Annually
The payment received or paid out for the use of money on a yearly basis.
Principal Due
The amount of the original loan or bond issue that is still owed, excluding interest payments.
Discount Rate
The interest rate used to discount future cash flows to their present value, important in the evaluation of investment opportunities.
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