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A certain unsharpened cylindrical #2 pencil is 6.25 mm in diameter and 25.5 mm long.What is the pencil's surface area? a.
b.
c.
d.
Amortization Period
The total length of time over which equal regular payments will repay a loan.
Equal Payments
Regular payments of the same amount over the term of a loan or mortgage.
Compounded Semi-Annually
The process wherein the interest earned on an investment is added to the principal balance twice a year, resulting in compound growth.
Reduction of the Principal
The process of paying down the initial amount borrowed in a loan, not including interest payments.
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