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Which property is true of living things?
Monthly-Compounded
Monthly-Compounded refers to the process of applying interest on an investment or loan on a monthly basis, where each month's interest is added to the principal.
EAR
Effective Annual Rate, the actual return on an investment or the actual interest rate on a loan over one year, including compounding.
APR
Annual Percentage Rate, a comprehensive measure of the cost of borrowing on an annual basis, including interest and fees.
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