Examlex
To indicate to your manager that you understand his or her message, ask broad, general questions.
Compounded Annually
A method where the interest earned is added to the principal sum at the end of each year, resulting in interest being earned on interest in subsequent years.
Compounded Annually
Refers to the process where interest earned on an investment is added to the principal, and the new total becomes the basis for computing interest in the next period.
Quadruple
To increase or to be increased fourfold.
Annual Growth Rate
The year-over-year increase in value of an investment, expressed as a percentage.
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