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Which of the following is a colligative property?
I. osmotic pressure
II. vapor pressure
III. density
IV. freezing point depression
V. boiling point
Principal Payment
The portion of a loan payment that goes towards paying down the original amount borrowed, as opposed to interest.
Installment Note
A debt instrument that requires a series of payments over time, including interest and principal.
Annual Payment
A recurring payment made once a year, often related to loans, insurance policies, or subscriptions.
Cash
Currency and other items that are accepted by banks for deposit and are readily available for use.
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