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Semi-Annual Payments
Payments made twice a year, often used in the context of loans, bonds, or other financial instruments.
Perpetuity
An annuity that pays a constant sum to an individual indefinitely, often used as a theoretical model in finance.
Semi-annually
A term used to describe something that occurs or is done twice a year.
Compounded
The process by which an investment earns interest on both the original principal and the accumulated interest from previous periods.
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