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At What Period of Time Does Aging Begin

question 13

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At what period of time does aging begin?


Definitions:

Nearest 0.01%

Rounding or approximating a numerical value to the closest hundredth of a percent.

Equivalent Interest

The equal effectiveness of different interest rates with respect to compounding periods over a specified period.

Nearest 0.01%

Rounding or approximating a numerical value to the closest one-hundredth of a percent.

Interest Rate

The percentage charged on a loan or paid on an investment for the use of money, calculated on an annual basis.

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