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Interest Rate
The percentage portion of a loan assigned as interest to the borrower, usually specified as an annual percentage of the outstanding amount of the loan.
Asset
Anything of value owned by individuals or firms that can be used or sold to produce positive economic value.
Geometric Series
A series of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the ratio.
Infinite
Without limit or end; often used in mathematics and physics to describe quantities or concepts that extend beyond any finite boundary or size.
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