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Utilities are programs that help to maintain computer hardware or other software.
Compounded Semi-annually
Interest calculated twice a year on the initial principal and accumulated interest from previous periods.
Amortized
Gradually reducing a debt through regular payments of both principal and interest.
Compounded Monthly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.
Amortized
Refers to the process of gradually reducing debt through regular payments that cover both interest and principal over a set period.
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