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Monthly Basis
A frequency term that indicates something occurs every month or is calculated on a monthly basis.
Round Answers
The process of adjusting numerical figures to a specified degree of precision, often to the nearest whole number.
Finance Charge
A fee representing the cost of credit, including interest and other charges, incurred on a sum borrowed or on credit transactions.
Net Balance
The amount remaining after all deductions have been made, often used in the context of financial accounts.
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