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Directory Results for MATH 111 Business Mathematics Week 13 Glossary Terms Student Name Section Date Compound Interest and Present Value annual or nominal rate The advertised or stated interest rate of an investment or loan - papademas to MATH 111 Business Mathematics Week 15 Glossary Terms Student Name Section Date Mortgages adjustable rate mortgage ( ARM ) A mortgage loan in which the interest rate changes periodically, usually in relation to a predetermined economic index