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What is the Cardozo position in reference to proximate cause?
Discount Rate
This rate, integral to discounted cash flow analysis, is employed for determining the present value of cash flows expected in the forthcoming periods.
Compounding
Compounding in finance refers to the process where an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.
Compound Interest
Interest calculation that encompasses both the initial principal and the cumulative interest that has accrued in preceding periods on a deposit or loan.
Simple Interest
A way of calculating interest where the interest charge is based on the original principal amount alone.
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