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Roberto owns a small body shop. His major costs include labor, parts, and rent. In the decision-making process, these costs are considered to be:
Compounded Monthly
The process where interest earned is added to the principal sum each month, which then earns further interest.
Inheritance
Assets or property received from someone who has passed away, often as dictated by a will or the laws of intestacy.
Investment
Assigning funds with the goal of achieving returns or making a profit.
Compounded Annually
interest calculation method where the interest is added to the principal once a year.
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