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Which of the following represents the different information formats?
Down Payment
An upfront payment made when purchasing an item on credit, often a significant percentage of the total purchase price.
Semi-annual Deposits
Deposits made twice a year into an investment or savings account.
Future Value
(1) A payment’s equivalent value at a subsequent date, allowing for the time value of money. (2) The total of principal plus interest due on the maturity date of a loan or investment.
Month-start Payments
Payments that are due at the beginning of each month.
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