Which Element Is Found in Period 2 and Group VIIA

question 16

Short Answer

Which element is found in Period 2 and Group VIIA?

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Definitions:

Compounded Monthly

This process involves the reinvestment of interest, so each month's interest earning is based on the principal plus the previously earned interest.

Amortized

The gradual reduction of a loan or debt by regular payments of both interest and principal.

Compounded Monthly

A method of calculating interest where the accrued interest is added to the principal sum each month, so that each subsequent interest calculation is made on a slightly higher amount.

Compounded Annually

The practice of calculating and adding interest to the initial amount of money once every year, increasing the future accruals of interest.