Examlex
What is the essential bridge between the present and the future that increases the likelihood of achieving desired results?
Future Value
The amount of money an investment is expected to grow to over a period at a specified rate of interest or return.
Interest Factors
Mathematical factors used to calculate the future or present value of cash flows based on an interest rate.
Compound Interest
Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Reinvested Interest
Reinvested interest is the compounding of interest by adding the payments back to the principal amount instead of paying it out, thereby increasing the total interest earned over time.
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