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The System Used for Classifying Kin in the United States

question 70

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The system used for classifying kin in the United States includes distinctions based on:


Definitions:

Rate Of Interest

The percentage of principal charged by the lender for the use of its money.

Equivalent

Equal in value, amount, function, meaning, or the like.

Per Annum

An annual occurrence or rate, indicating something that happens or is calculated over the course of a year.

Variable Rate

An interest rate that can fluctuate over the duration of a loan or savings account, based on the market or an index.

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