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Perry's watch beeped every 5 minutes and he recorded whether he was slouched over (bad posture)at the time the watch beeped.This is an example of ___________________ recording.
Compound Rate
The rate at which interest is calculated on the initial principal and also on the accumulated interest of previous periods.
Annually
Occurring once every year or relating to a period of one complete year.
Interest
The cost of borrowing money, represented as a percentage of the total amount loaned.
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