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At 6 percent compounded monthly,how long will it take to triple your money?
Credit Sales
Sales made by a business that do not require immediate payment, allowing the buyer to pay at a later date.
Total Sales
The sum of all sales (or revenue) generated by a business during a specific period, before any deductions.
Cash Received
The money that a business or individual receives during a specific period, including revenues from sales, services, loans, or investments.
Safety Stock
Extra inventory kept on hand to prevent stockouts due to unpredictable demand or delays in supply.
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