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Find an equation of a plane containing the point P(2, -1, 1) and the x-axis.
Personal Loans
Unsecured loans given to individuals based on their credit history and income, rather than requiring collateral.
Effective Rate
The interest rate on a loan or financial product, restated from the nominal rate as an annual rate accounting for compound interest.
Interest Charged
The cost of borrowing money, calculated as a percentage of the principal amount on a loan or credit.
Semiannual Compounding
Interest calculation method where the interest is added to the principal twice a year, leading to compound interest growth.
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