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What would be the major product(s) of the following reaction?
Annual Rate
The interest rate for a period of one year, often used as a standard measure for comparing the returns on investments.
Payment Today
A term typically used in finance that refers to an immediate transaction or payment that has to be made or is made at the current date.
Equal Payments
Regularly scheduled payments of the same amount over the term of a loan or mortgage.
Interest Annually
The amount of interest earned or paid over a one-year period, often expressed as a percentage of the principal.
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