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Evaluate the expression . Round your answer to three decimal places.
Negotiable
Referring to the ability of the terms of an agreement, document, or financial instrument to be adjusted or transferred in accordance with all parties' consent.
Certificates of Deposit
Financial instruments issued by banks that offer a fixed interest rate in exchange for keeping deposited funds untouched for a predetermined period.
Nonnegotiable
Pertaining to a term, condition, or instrument that cannot be altered or bargained upon, often legally or contractually fixed.
Accelerated Payment
A payment method that allows for early settlement of a debt, often reducing the amount of interest.
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