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All scientists immediately accepted Darwin's revolutionary ideas.
Compounded Annually
Refers to the process where interest is calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Interest
The charge for borrowing money, typically expressed as an annual percentage rate, or the income earned from lending funds.
Lump Sum
An individual payment executed at a designated time instead of divided payments or installments.
Down Payment
An initial payment made when purchasing an item on credit, typically a percentage of the purchase price.
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