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How is a Boolean variable declared in a program?
Compounded Quarterly
A method of calculating interest where the interest earned each quarter is added to the principal, thereby increasing the amount on which subsequent interest is calculated.
Interest Rate
The percentage of a loan amount that is applied as interest for the borrower, usually shown as an annual rate of the remaining loan balance.
Present Value
The present worth of a future amount of money or series of cash flows when a particular return rate is applied.
Semiannually
Occurring twice a year, typically every six months, often used in the context of interest or dividend payment schedules or reporting periods.
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