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The procedure of shaping usually involves
Semiannual Payments
Payments made twice a year, often used in the context of loan repayments or interest calculations.
Quarterly Payments
Payments made every three months during a fiscal year, often used for taxes, insurance, or interest payments.
Life Policy
An insurance contract that pays a designated beneficiary a sum of money upon the death of the insured person.
Maximum Loan
The highest amount of money that a lender is willing to lend to a borrower, determined by factors such as creditworthiness and collateral.
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