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Which of the following is NOT a type of volcanic island?
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
Compound Interest
Interest that accumulates on the initial amount invested and on the interest that has previously been added to that amount.
Installment Note
A debt instrument requiring the borrower to make regular payments of principal and interest over a set period until the debt is paid in full.
Interest
The cost of borrowing money or the payment received for lending money, typically expressed as an annual percentage rate.
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