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A federal question can be an issue of law based on the Constitution.
Compounds Interest Continuously
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, assumed to be compounded infinitely often per period.
Nearest Tenth
Rounding a number to one decimal place, or to the closest tenth.
Compounded Continuously
Refers to the mathematical limit of the compound interest formula, as the number of compounding periods per year becomes infinitely large.
Annual Interest Rate
The percentage increase in money per year, including compounding, that an investment or loan grows.
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