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Case WD 4-1 Charlotte wants to apply a theme to the paper she is writing for her Art design class. As a first step, Charlotte decides to review the themes. One of the first things she notices is that they are organized ____.
Amortized
The steady decrease of an owed sum through consistent payments towards both the interest and the principal over a set duration.
Total Debt Service Ratio
A debt measurement ratio that calculates an individual's total debt payments relative to their gross income.
Gross Monthly Income
The total amount of income earned in a month before any deductions or taxes are applied.
Compounded Monthly
The method of computing interest that includes both the original amount of money deposited or loaned and the interest that amount has earned in past months.
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