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Retail sales clerks need no experience or knowledge about the products they sell as they are purely order-takers.
Accumulated Capital
The total value of all capital assets owned by an entity after depreciation and amortization.
Periodic Payment
A repeated payment made at regular intervals, such as monthly or annually.
Ordinary Annuity
An annuity in which payments are made at the end of each period, such as yearly, monthly, or quarterly.
Periodic Payment
Payments made regularly (such as weekly, monthly, or annually) towards loans, mortgages, or annuities.
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