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How is the role of the judiciary in the making of public policy different from that of the executive and legislative branches?
Principal Balance
The original amount of money lent or invested, before any interest or profit is added to it or any payments are made.
Amortized
Definition: The process of spreading out a loan into a series of fixed payments over time.
Equal Payments
Regular payments of the same amount over a specified period, commonly used in loan repayment schedules.
First Payment
The initial amount paid at the start of a financial agreement or loan.
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