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Identify the key differences between deduction, induction, and abduction theorizing.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan remaining.
Intertemporal Arbitrage
The action of taking advantage of price differences of the same asset in different time periods to generate profits.
Oil
A viscous liquid derived from petroleum, natural gas, or plants, used as fuel or as a base for lubricants and various manufacturing processes.
Interest Rate
The part of a loan affected by interest charges to the borrower, often expressed as an annual percentage of the loan's outstanding total.
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