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To create effective visual aids, be sure that:
Annual Interest Rate
The percentage of interest that will be charged or earned on an investment or loan on an annual basis.
Prompt Payment Discount
A discount offered to customers for paying their invoices before a specified due date, used as an incentive for early payment.
Annual Rate
A periodic interest rate calculated over a year, often representing the cost of borrowing money or the earnings from an investment.
Vendor's Invoice
A document from a seller to a buyer that describes the products or services sold, their quantities, and the prices agreed upon.
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