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DAT Refers to The

question 3

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DAT refers to the:


Definitions:

3 Years

A period or duration of three calendar years.

Compounded Monthly

Interest calculated on the principal and also on the accumulated interest of previous periods, with the compounding process happening every month.

9%

A specific interest rate often referenced in financial contexts to indicate the annual rate of return or charge.

2 Years

A period of two calendar years.

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