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The total value created by a firm is equal to:
Income Earned
Revenue generated from a person's job, investments, or business operations, excluding capital gains or gifts.
Annual Salary
The total amount of money earned by an employee in one year before taxes and deductions.
Annual Raises
The yearly increase in salary or wage that an employee receives, often based on performance, inflation adjustment, or company policy.
Down Payment
An initial, upfront portion of the total amount due, often used in the context of purchasing a home.
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