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Solve the problem.
-A rectangular swimming pool is being constructed, 18 feet long and 100 feet wide. The depth of the pool is measured at 3-foot intervals across the length of the pool. Estimate the volume of water in the pool using Simpson's Rule.
Contra-Liability Account
An account that reduces the amount of a liability, often used to record discounts or allowances that decrease the total amount owed by a company.
Cash Inflow
The cumulative sum of funds flowing into a company, usually originating from its operations, investments, and financial activities.
Semiannually
Occurring twice a year, typically every six months.
Effective-interest Method
A technique used in finance to calculate the actual interest rate on a bond or loan, taking into account the effect of compounding over the period.
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