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A compound rate of interest pays interest on the interest.
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This section describes use of Perl::Critic from a perspective of documenting Perl::Critic::Policy::Miscellanea::ProhibitTies
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The requirement that the consumer's signed authorization include a statement that specifies the highest amount that may be charged for a late fee or returned item fee is satisfied, for example, if the statement specifies the maximum amount permitted under the loan agreement for a covered loan.