Examlex
For near vision, as when reading:
Compound Interest
Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Future Value
The worth of a short-term asset at a future date, calculated by projecting its growth at a certain rate over a period of time.
Present Value
The worth today of a future amount of money or sequence of cash inflows, based on a defined rate of return.
Accumulated Compound Interest
The total amount of interest earned or paid on a principal sum over multiple periods, where each period's interest is added to the principal for future calculations.
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