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A major function of serous membranes is to decrease friction.
Compounded quarterly
Interest is recalculated every three months based on both the initial principal and previously earned interest, leading to exponential growth of an investment or debt.
Principal amount
The principal amount refers to the initial sum of money borrowed in a loan or invested, excluding any interest or additional fees.
Compounded quarterly
Refers to the calculation and addition of interest on a principal amount four times a year.
Annual scholarships
Financial awards given to students once a year to support their education, often based on merit, need, or specific criteria set by the scholarship provider.
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