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Provide the reagents necessary to carry out the following conversion.
Promissory Note
A monetary contract where one party commits to paying a distinct sum to another party, either on call or at a set date ahead.
Compounded Semi-Annually
Refers to the process where interest is added to the principal balance of an investment, loan, or deposit twice a year, leading to interest earning on interest previously accumulated.
Initial Investment
The upfront sum of money used to start an investment or project.
Compounded Daily
An interest calculation method where interest is added to the principal sum daily so that each day's interest earnings also earn interest in the future.
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