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In addition to the establishment of the German Empire,the Franco-Prussian War led to the
Interest
The cost of borrowing money, calculated as a percentage of the amount borrowed.
Deposits
Money placed into a financial institution for safekeeping, which can earn interest over time.
Compounded Monthly
Interest calculation method where the accumulated interest is added to the principal amount every month, allowing the interest in the next month to be calculated on the increased total.
Interest
Interest is the charge for borrowing money, typically expressed as a percentage of the principal amount per year.
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