Examlex
Goals and objectives are a not a basis for reward systems.
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.
Compounded Annually
The process of calculating interest on both the initial principal and the accumulated interest from previous periods once a year.
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