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Employers never make deductions from employees' wages for
Compounded Monthly
The process in which interest earned on an investment is added to the principal balance, and then future interest accrual includes the increased balance, recalculated on a monthly basis.
Total Interest Earned
The cumulative amount of interest received from an investment, loan, or savings account, over a particular period.
Original Investment
The initial amount of money invested in a project or security.
Conditional Sale Contracts
agreement for the sale of goods where the price is payable in instalments and the goods remain the property of the seller until the full price is paid.
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