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Facebook, Twitter, and Instagram Are Examples of a ________

question 54

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Facebook, Twitter, and Instagram are examples of a ________.


Definitions:

Compounded Monthly

An interest calculation method where interest is added to the principal balance on a monthly basis, resulting in interest being earned on top of interest.

Monthly Payments

payments made once a month toward a loan or other financial obligation.

Loan

A sum of money that is borrowed and expected to be paid back with interest.

Compounded Semi-annually

Interest that is calculated and added to the principal twice a year.

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