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What does an array's name represent and what value does it hold when declared?
Instalment Payments
Payments made towards the cost of a purchase over a period, allowing the buyer to pay off the total amount owed in smaller, periodic amounts.
Principal Portion
The part of a loan payment that goes toward reducing the original loan amount, as opposed to the interest portion.
Interest Portion
The part of a payment that covers the interest on borrowed money.
Harmonized Sales Tax
A combined tax that merges a country's or region's general sales tax with its value-added tax, designed to simplify the taxation system.
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