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A worker who is very competent at fixing computer problems gets a reputation as the office's fix-it guru for everything. Soon, colleagues are approaching this worker whenever there are problems with the photocopier, the air conditioning or the adjustable office chairs. This is an example of:
Financial Calculator
A specialized calculator designed to perform financial functions, including interest rate calculations, investment appraisal, amortization schedules, and more.
Compounded Semi-annually
Interest calculated twice a year on both the initial principal and the accumulated interest from previous periods.
Month-end Contributions
The act of adding funds to an investment, account, or plan specifically at the end of a month.
Bond Fund
A mutual fund that invests primarily in bonds and other debt securities to generate returns.
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