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Employers provide tools and technology for their employees in order to:
Payments
Transfers of money, or other agreed-upon medium, from one party to another in exchange for goods, services, or to fulfill a legal obligation.
Compounded Quarterly
Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan on a quarterly basis.
Loan
A sum of money that is borrowed, usually from a financial institution or individual, which is expected to be paid back with interest.
Payments
Transactions made by individuals or entities to fulfill obligations or to purchase goods and services.
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