Examlex
Why is it so difficult to see both (a) when you first enter a darkened theater from a sunlit street, and (b) when you step out onto a sunlit street from a darkened theater?
Annually Compounded Rate
The interest rate calculated once per year, taking into account the effect of compounding over that period.
Bank Balance
The total amount of funds in a bank account at a given moment.
Deposited
Placing money into a financial account or institution for safekeeping or to earn interest.
IRA
Individual Retirement Account, a saving account with tax advantages that individuals can use to save and invest long-term.
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