Examlex
The degree to which members of a group are attracted or loyal to the group is called group cohesiveness.
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.
Simple Interest
Interest calculated only on the principal amount of a loan or investment, not on any previously earned interest.
Account Balance
The total amount of money present in an account at a given point in time, considering all credits and debits.
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