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When performance is below standards,a manager's options are to do nothing or revise the standard.
Student Loans
Loans offered to students to finance their education, which typically have lower interest rates and are repayable after graduation.
Compounded Monthly
This refers to the interest calculation method where interest is added to the principal balance monthly, causing the amount of interest to grow each month based on the new balance.
Mortgage
A loan secured by real property, typically real estate, that the borrower is obliged to pay back with a predetermined set of payments.
Compounded Monthly
Describes a situation where interest is added to the principal balance of a loan or deposit on a monthly basis, increasing the amount of future interest.
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