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Rate of Return
The increase or decrease in the value of an investment during a set timeframe, represented as a percent of the investment's original price.
Equivalent Value
The worth of an item, service, or amount in terms of another, often used in comparisons or exchanges.
Compounded Semi-annually
The process where interest is added to the principal sum of an investment or loan twice a year, resulting in interest earning interest.
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This refers to the third installment of a series of payments toward a financial obligation.
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