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Compounded Semi-Annually
Interest on an investment that is calculated twice a year and added to the principal sum, affecting the total interest earned.
Economic Equivalent
A comparison of the economic attributes of two or more investment or financial scenarios to determine their relative value or financial impact.
Missed Payment
Failure to make a required payment by its due date.
Original Principal
The initial amount of money borrowed or invested, before any interest or profit is added.
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