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Kelsey and Matt are in the same advanced Access class and have teamed up to help each other understand VBA. In order to prepare for the VBA test, each has created a multiple choice quiz for the other. Some of Kelsey's questions are shown below. Which of the following types of procedures is generally stored in standard modules vs. class modules?
Compounded Annually
Interest on an investment or loan that is calculated once a year and added to the principal amount, allowing the investment to grow at an increasing rate.
Discounting
The process of determining the present value of a payment or a stream of payments to be received in the future, by applying a discount rate.
Compound Annual
An interest rate calculation method that accounts for the effect of compounding over a one-year period.
Salary Growth
The increase in wages or salary over time, often due to inflation, promotion, or successful performance.
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