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Give a rule for the piecewise-defined function. Then give the domain and range.
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Compounded Monthly
Interest on a loan or investment calculated monthly and added to the principal sum for the calculation of subsequent interest.
Compounded Annually
Interest calculation and accumulation once per year on the principal amount of an investment or loan.
Compounded Quarterly
Interest calculated four times a year, applying on the original principal and including interest accumulated in previous periods.
Quarterly Payments
Quarterly payments are those made four times a year, often used in the context of financial arrangements like loans, leases, and investment dividends.
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