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The Performance Prism
Variable Rate
An interest rate that can fluctuate over the duration of a loan or savings account, based on the market or an index.
Preceding August
Indicates a time period or events that occurred before the month of August.
Payment Stream
A series of payments made or received over time, usually as part of a financial agreement such as a mortgage or annuity.
Economically Equivalent
Having the same financial value when considering various factors like time, risk, and opportunity cost.
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