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The Future Value of a Single Amount Is the Value

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The future value of a single amount is the value at a future date of a given amount invested assuming compound interest.


Definitions:

Fishery

An area with a natural or artificial population of aquatic life that is used for fishing purposes.

Location

The specific place or position where something exists or is situated, often relevant in decision-making processes for businesses and individuals.

Species

In biology, a group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Fishing

The activity of catching fish for commercial, recreational, or subsistence purposes.

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