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What is standardization?
Cash Flows
represent the net amount of cash and cash-equivalents being transferred into and out of a business.
Zero-Interest Financing
Zero-Interest Financing is a loan or credit offer with a 0% interest rate for a set period, making purchases more affordable upfront but often requiring a good credit score.
APR
Annual Percentage Rate, which represents the annualized cost of credit including interest and fees, making it easier to compare loan products.
Growing Annuity
A series of periodic payments that grow at a constant rate for a specific number of periods.
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