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An example of a public attorney is a prosecutor.
Compounded Annually
Interest calculated on the initial principal and the accumulated interest from the past year added together once per year.
Term Deposit
A type of bank deposit that has a fixed term and typically offers a higher interest rate than a regular savings account.
Interest Rate
The percentage of a sum of money charged for its use.
Original Principal
The initial amount of money borrowed or invested before any interest or earnings are applied.
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