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Which structure is labeled 7?
Interest Rate
The expense a borrower is obliged to pay to a lender, formulated as a percentage of the principal, for the service of borrowing assets.
Present Value
The present amount of a future sum of money or sequence of cash flows, discounted by a chosen rate of return.
No Money Down
A financing or purchase arrangement in which the buyer is not required to make any upfront payment at the time of purchase.
Weekly Payments
Regular payments made on a weekly basis, often used in terms of loan repayment schedules or employment salaries.
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