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What was the 1848 "Basic Rights of the German People"?
Constant Payments
A fixed amount of money paid periodically in a loan agreement or financial investment, such as in an annuity or mortgage.
Interest
A fee levied for the use of borrowed money, frequently expressed in terms of an annual percentage rate.
Annuity Due
An annuity in which the payments are made at the beginning of each period, as opposed to at the end.
Present Value
The value today of a future payment or series of payments, discounted at a specified interest rate.
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