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Model E is a new type of car manufacturer that relies on the Internet to build new car designs from prototypes to marketable vehicles much faster than ever before."Think of Model E as the Dell of the auto industry.We design just a few products that consumers truly want,leveraging best-in-class components and micro-factory approaches for rapid design,launch,and direct delivery," said William Santana Li,president and CEO of Model E.Model E manufactures each car when a customer chooses from a limited number of options and orders.Model E relies on
Per Month
A recurring period or frequency, indicating that an action or event occurs or is calculated on a monthly basis.
Effective Rate
The actual interest rate an investor earns or pays on an investment or loan, taking into account the compounding of interest.
Per Month
A recurring or regular interval of payment or calculation that occurs every month.
Strip Bonds
Bonds that have had their principal and coupon payments separated, or "stripped", creating two distinct types of securities: zero-coupon bonds and interest payment coupons.
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