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Future Value Factor
A multiplier used to calculate the future value of an investment based on its present value and interest rate over time.
Annuities
are financial products that provide a stream of payments over time, often used as part of retirement planning.
Perpetuity
A financial instrument that provides a stream of infinite cash flows or payments that continue indefinitely.
Annual Percentage Rate (APR)
The interest rate charged per period multiplied by the number of periods per year.
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