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Which was the most devastating (and deadly) tornado disaster in U.S. history?
Interest Rate
The percentage charged on a loan or paid on deposits over a period of time, often annually.
Future Value
The estimated value of an investment at a specific future date, considering factors like interest rates or returns over time.
Compounding
The process by which the value of an investment increases exponentially over time due to earning interest on both the initial principal and the accumulated interest.
Present Value
is a financial concept that describes the current value of a future amount of money or stream of cash flows given a specified rate of return.
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