Examlex
Discuss the differences between sales force automation software and customer relationship management software.
Reduction of the Principal
The process of decreasing the initial amount of money borrowed or invested over time.
10th Payment
The tenth installment of a series of payments in a loan or mortgage.
Compounded Semi-Annually
Interest on an amount that is calculated twice a year and added to the principal for future interest calculations.
Amortized
The process of paying off debt through regular payments over a set period, where the payments cover both principal and interest.
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