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Managers interested in measuring environmental and social performance incorporate these factors into their balanced scorecards to set priorities for initiatives,guide decisions and actions,and fuel discussions about strategies and business models to improve performance.
Compounded Semi-annually
A method of calculating interest where it is added to the principal amount twice a year, leading to interest on interest.
Monthly Payment
The amount paid every month over the course of a loan or mortgage to cover both principal and interest.
Conditional Sale Contract
A type of contract in which the sale of an asset or property is contingent upon certain conditions being met, often used in real estate and high-value purchases.
Ordinary Annuity
A financial product where regular payments are received or paid at the end of each period, such as monthly or annually.
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