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Why did the joint venture between IBM, Siemens, and Toshiba initially struggle?
Accumulated Amount
The total amount accumulated over time, considering various factors like initial principal and compound interest.
Compounded Monthly
The process of adding interest to the principal sum of a deposit or loan on a monthly basis, leading to interest earning interest.
Intercompany Loan
A loan made from one business entity to another within the same organization, often used for internal financing purposes.
Subsidiary
A company that is completely or partly owned and partly or wholly controlled by another company.
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