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In the TADS experiment, described in the text, the researchers used a double-blind procedure, meaning that
Compounded Monthly
The process where interest earned is added to the principal, so that from that moment on, the interest that has been added also earns interest.
Motor Home
A type of self-propelled recreational vehicle (RV) that offers living accommodation combined with a vehicle engine.
Extra Payments
Payments made on a loan that exceed the minimum required payment, often used to reduce the loan balance more quickly.
Compounded Monthly
A method of calculating interest in which the accrued interest is added to the principal sum every month, so that each subsequent interest calculation is based on a slightly higher amount.
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