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In Lapin v.Seinfeld the issue was whether:
Investment
An asset or item acquired with the goal of generating income or appreciation in value, often involving wealth being used today in the hope of future benefits.
Annual Payments
Regular payments made once a year, often used in the context of loans, annuities, or insurance policies.
APR
Annual Percentage Rate, which represents the annual cost of borrowing or the annual yield from an investment.
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