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What is the Pay as You Go Model?
Accrued Interest
Interest that has been earned but not yet paid.
Semiannually
Occurring twice a year, typically used in the context of payments, interest calculations, or reports.
Semiannually
Occurring twice a year or every six months.
Accrued Interest
The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.
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