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Lynn married Philip after a short whirlwind romance. She had found Philip to be charming and a smooth-talker. Several months into the marriage, she began to realize that Philip had taken all the money from her savings accounts, had pawned some of her jewelry, and had run up huge bills on her credit cards. Philip had also been lying all along about working at the business where Lynn had been dropping him off each morning. Worse yet, when Philip was confronted, he just laughed at Lynn. Philip would be diagnosed with which personality disorder?
Total Equity
The total value of an entity's assets after subtracting its liabilities, representing the owners' residual interest in the company.
Straight-Line Method
A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.
Interest Semiannually
A payment structure for bonds or loans where interest payments are made twice a year.
Market Rate
The prevailing interest rate available in the marketplace for securities or loans.
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