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Semi-annual Withdrawals
Withdrawals from an account or investment that occur twice a year.
Compounded Annually
Interest calculation method where interest is added to the principal sum once a year, leading to growth that includes "interest on interest."
Perpetuity
A financial instrument that pays a fixed sum of money indefinitely, with no end date.
Deferral Period
A specified period of time during which payment of a debt, investment, or loan is suspended or delayed.
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