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Solve the system by elimination.
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Compounded Semiannually
Interest calculation method where interest is added to the principal on a semiannual basis, leading to interest on interest in the second half of the year.
Quarterly Compounded
Interest calculation method where the accrued interest is added to the principal balance four times a year, allowing interest to be earned on interest.
Annual Rate of Return
The percentage of profit or loss on an investment over a one-year period.
Compounded Monthly
An interest calculation method where interest is added to the principal amount every month, leading to a growth in the investment due to interest on interest.
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