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Describe the some of the concepts and definitions associated with loans before using a PMT function.
PLC
Programmable Logic Controller; a digital computer used for automation of electromechanical processes, such as control of machinery on factory assembly lines.
Memory Area
A specific location within a computer or device storage where data is kept for retrieval and manipulation.
Computer
Any electronic device that can accept information, manipulate it according to a set of preprogrammed instructions, and supply the results of the manipulation.
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