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Early personal computer users remember the cumbersome, user-unfriendly DOS system. When Apple introduced System 1 and Microsoft introduced Windows, both of which were much easier to use, these new products diffused rapidly because of their
Compounded Semiannually
The process of applying interest to an investment or loan twice a year, resulting in compound growth.
Face Value
The nominal value or dollar value stated on a security or financial instrument, such as a bond.
Investment Yield
The income returned on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.
Maturity Date
The specified date when the principal amount of a loan, bond, or other financial instrument is due to be paid in full.
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