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In the aftermath of the U.S. withdrawal from Iraq in 2010, strong animosity and conflict remained between the Shi'ite majority and
Down Payment
An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like cars or real estate, to secure the deal.
Ordinary Annuity
A financial product involving regular payments received or paid over a designated period of time at equal intervals.
Financial Calculator
A specialized calculator designed to perform financial functions, including interest rate calculations, investment appraisal, amortization schedules, and more.
Compounded Semi-annually
Interest calculated twice a year on both the initial principal and the accumulated interest from previous periods.
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