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COGNITIVE ASSESSMENT Which of the following describe computer memory?
Investment Account
A financial account held at a financial institution that holds investments such as stocks, bonds, mutual funds, and other assets for the investor.
Compounding Effect
The method by which an investment's worth grows over time as the returns it generates, including both capital gains and interest, themselves accumulate interest.
Present Value
Present value is the today's worth of an anticipated future amount of money or cash flows, factoring in a specified rate of return.
Discount
A reduction applied to the price of goods, services, or securities.
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