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Acme Global just received a very large order from a customer.It does not have the ability to fill the order using their current workforce working a normal workweek and does not expect to continue receiving such orders from this customer.Which of the following options would best address this temporary shortage of employees?
Compounded Annually
Interest calculation method where the interest is added to the principal sum at the end of each year, affecting the total interest earned or paid.
Compound Interest
Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.
Per Year
A synonym for annually, denoting events or measurements taking place once every calendar year.
Effective Annual Rate
The interest rate on an investment or loan, which is annualized by considering the effect of compounding over a given period.
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