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Social networking can be traced back to online services, such as CompuServe, Prodigy, and America Online.
Effective Annual Rates
The real return on an investment, taking into account the effect of compounding interest over multiple periods within a year.
Equal Installments
Periodic payments of the same amount over the term of a loan or investment.
Borrowed
Borrowed refers to funds that have been taken on loan from external sources, which are expected to be paid back with interest over time.
Daily Compounding
The process where the interest on an investment is calculated daily and added to the principal, so that each subsequent calculation of interest includes interest previously earned.
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