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question 181

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Write as a decimal.
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Understand the concept of compounding interest semiannually, quarterly, and in other non-annual periods.
Recognize the use of annuities in calculating values of periodic payments, either for saving or loan repayments.
Demonstrate the ability to solve real-world problems involving single sums and annuities using appropriate financial formulas.
Recognize the importance of interest rates, compounding periods, and time in financial planning and decision-making.

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