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Beta-oxidation takes place in the
Effective Annual Rate
The actual rate of interest on an investment or loan, taking into account the effect of compounding over a given period.
Compounded
A method of calculating interest where the earned interest on an investment is added to the principal, and future interest is calculated on the total amount.
Annuity
A fiscal product designed to emit a stable series of disbursements to an individual, chiefly intended as support for retired people's income.
Perpetuity
A type of annuity that pays an infinite series of cash flows, continuing forever.
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