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Which of the following are vestigial structures?
Future Value
Future value is a financial concept that estimates how much an investment will be worth at a future date, considering factors like interest earned or capital gains.
Compounded Quarterly
Refers to the process where interest is calculated and added to the principal sum every quarter (every three months) so that subsequent interest calculations are based on the increased principal.
Annual Lease Payments
The total amount paid over a year for the use of leased property or equipment.
Fair Value
The estimated market value of an asset or liability, reflecting what it could be bought or sold for in a current transaction between willing parties.
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