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Big data can be mined using basic mathematical and analytical techniques.
Annual Interest
Interest calculated over a 12-month period on the principal sum of a loan or deposit.
Loan Amount
The total sum of money borrowed by an individual or entity from a lender, which is expected to be repaid with interest.
Future Value
The value of a current asset at a specified date in the future based on an assumed rate of growth over time.
Present Value
The current evaluation of a forthcoming cash amount or cash flow series, considering a specific rate of financial return.
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