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At 6 Percent Compounded Monthly,how Long Will It Take to Triple

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At 6 percent compounded monthly,how long will it take to triple your money?


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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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