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In terms of effect size,counselors prefer a:
Loan
Money that is loaned and needs to be paid back, including interest.
Compounded Semi-annually
Interest calculation method where interest is added to the principal amount twice a year, leading to the interest being compounded for the second term.
Goal
An intended outcome or target that an individual or organization aims to achieve.
Compounded Semi-annually
The process of adding interest to the principal sum of a loan or deposit twice a year, also accounting for the interest accumulated over the period.
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