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An important event took place in 1869 when
List Price
The suggested retail price set by a manufacturer or retailer for a product, often not reflecting discounts or promotions.
Allowances
Financial or material provisions made to cover a specific need, expense, or reduction in price.
Rent
A periodic fee paid by a tenant to a landlord for the use of property, such as real estate or equipment.
Interest
The cost of borrowing money or the profit earned from lending money, typically expressed as a percentage of the principal amount per year.
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