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Dendrites
Annual Interest
Interest charged or earned over a period of one year on loans, savings, or investments.
Present Value
The current value of future cash flows discounted at the appropriate discount rate, reflecting the time value of money.
Annual Payment
A payment made once a year for services, subscriptions, or obligations - often used in the context of loans, leases, and insurance premiums.
Tax Deductible
Expenses or payments that can be subtracted from gross income to reduce the amount of income subject to tax.
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