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Data Within an ERP System May Be Stored in An)

question 4

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Data within an ERP system may be stored in an) :


Definitions:

Compounded Continuously

The process of calculating interest on an investment or loan in such a way that the interest itself earns interest, occurring an infinite number of times per period.

Instantaneous

Occurring or done in an instant or immediately.

Perpetuity

An annuity that pays a set amount of money indefinitely, with no end date.

Annuity

A financial product that provides fixed or variable payments to an individual at regular intervals, often used as part of retirement planning.

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