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How does a program recognize the end of an input file?
Compound Interest
The accumulation of money that builds over time in an investment or interest-bearing account as new interest is earned on previous interest that is not withdrawn.
Savings Account
A deposit in a commercial bank or thrift institution on which interest payments are received; generally used for saving rather than daily transactions; a component of the M2 money supply.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Present Value
The current valuation of a future financial sum or sequence of cash flows, using a defined rate of return for calculation.
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