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Determine which point lies on the graph of the equation .
Compounded Monthly
A method where the interest is calculated on a monthly basis and added to the principal sum, allowing the interest to grow over time through compounding.
Quarterly Payments
Payments that are made four times a year, often on a financial obligation like a loan or lease.
Withdraw
Withdrawing money from a bank account or an investment.
Monthly Compounded
Interest that is calculated on the principal and previously earned interest once every month.
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