Examlex
To reduce the chance that two passwords will have the same hash value, a timestamp can be appended to a password, and the result is then run through the encryption algorithm and stored as the encrypted password in the password file.
Amortized
The process of paying off a debt through regular payments over a period of time, where each payment covers both interest and a portion of the principal amount.
Compounded Semi-annually
The process of calculating interest on both the initial principal and the accumulated interest of a deposit or loan every six months.
Monthly Payments
Regular payments made once a month, often in the context of loans or rent.
Compounded Monthly
Interest calculation method where interest is added to the principal balance each month, and future interest accrues on the total amount.
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