SIMPLE-INTEREST MORTGAGE
Simple-interest mortgage is a mortgage wherein the computation of interest takes place daily. A traditional mortgage computes interest monthly. The computation of a daily interest charge in the simple-interest mortgage is done by dividing the interest rate by 365 days and then multiplying it by the amount of the mortgage balance. With the same concept. a monthly interest charge is determined the same way. For a short cut, just multiply the daily interest charge by the number of days in the month.
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Financial Analysis
Financial analysis is the process of evaluating the viability, stability and profitability of a business.
Teacher Retirement System - TRS
Organization responsible for helping the teachers setting up or managing their retirement planning. Since each state creates their own teacher reti ...
Loss Ratio
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A
This is the stock symbol used by Nasdaq to denote that the stocks with these label are the company’s class “A” shares.
Saudi Arabia
SAMA Foreign Holdings (Saudi Arabia) is a Saudi Arabian sovereign wealth fund controlled by the Saudi Arabian Monetary Authority.
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