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Account
A record or statement of financial expenditure and receipts relating to a specific period or purpose; also used to refer to a customer's relationship with a financial institution.
Simple Interest
Interest computed solely on the initial amount invested, excluding any previously earned interest.
Investment
The undertaking of investing resources, usually capital, with the foresight of amassing income or profits.
Months
Units of time, typically used to measure periods within a year, consisting of 28 to 31 days.
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