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The supervisor is typically the rater in the performance appraisal process.
Compounded Semi-Annually
A method where interest is calculated and added to the principal at six-month intervals, resulting in interest on interest.
Annuity
A series of equal payments at regular intervals.
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.
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