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Economic Values
The worth of goods or services determined by their utility and scarcity in relation to consumer demand.
Annuities
Financial products that pay out a fixed stream of payments to an individual, typically used as part of retirement planning.
Compounded Semi-Annually
An interest calculation method where interest is added to the principal sum of a deposit or loan at mid-year and end-of-year, resulting in interest earning interest.
Guaranteed Contract
An agreement ensuring certain terms are fulfilled, often used in the context of employment contracts guaranteeing payment.
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