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Per Month
The term per month is used to describe or quantify an event, action, or measurement over the period of a month.
Compounded Monthly
A method of calculating interest where the interest earned on an investment is reinvested and earns additional interest in subsequent periods on a monthly basis.
Monthly Payments
Regular payments made over a set period of time, such as those for loans or subscriptions, calculated on a monthly basis.
Loan
An amount of money lent that must be repaid along with interest.
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