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"Inputs" in Relation to Family Characteristics Can Include

question 53

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"Inputs" in relation to family characteristics can include


Definitions:

Required By Law

Mandated actions or procedures as stipulated by legislation or legal statutes.

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied once per year.

Compounded Semi-Annually

The process of calculating interest on a principal sum and its accumulated interest at two intervals within the year.

Effective Annual Rate

The interest rate on a loan or financial product restated from a nominal rate to an annual rate, taking compounding into account.

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