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Fabian is taking a History class.He must do his own research for an upcoming exam involving the concept of history repeating itself.As a result of his research, he has many important dates he must remember, in addition to the parallels he must draw to show history as repeating itself.Which set of memory strategies will help Fabian on his exam?
Compounded Monthly
Relates to interest that is calculated on a loan or investment twelve times a year.
Interest
The cost of borrowing money, typically expressed as a percentage of the principal, or the gain from lending money.
Loan
A sum of money borrowed from a lender that is expected to be paid back with interest.
Compounded Quarterly
Describes interest on a loan or investment calculated four times a year.
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