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Semiannually Compounded
Interest calculation method where the interest earned is added to the principal twice per year, effectively growing the investment more quickly than simple interest.
Compound Annual
A calculation of the total compound interest earned or payable over a period of one year.
Hourly Wage
The amount of money paid for each hour of work, commonly used in part-time and some full-time employment.
Semiannual Compounding
A method of calculating interest where the capital is compounded twice a year.
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