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The most frequent attribute,in either grouped or ungrouped data,is the
Simple Interest
Interest calculated on the principal portion of a loan or deposit, using a simple calculation that does not compound.
Monthly Basis
An occurrence or calculation that happens every month.
Round Answers
Round Answers indicates the practice of adjusting numerical answers to a specified degree of precision, often the nearest whole number, to simplify presentation or calculation.
Simple Interest
Simple interest is a calculation of interest that does not take into account the effect of compounding. Interest is applied only to the principal over a set period.
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