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After 9/11, a new department was created by the government.This department is:
Par Value
The face value of a bond or stock as stated in the corporate charter, not necessarily related to its market value.
Installment Note Payable
A debt or obligation that is paid back in regular installments over a specified period, including both principal and interest payments.
Accrued Interest
Interest that has been earned but not yet paid, representing the amount owed to a lender for the use of borrowed funds or owed by a borrower.
Principal
The original sum of money borrowed in a loan, or the initial amount invested, excluding any interest or dividends.
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