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Present Value
The modern-day valuation of upcoming money amounts or cash flow sequences, adjusted according to a given rate of return.
Bank Account
A financial account maintained by a bank for a customer, allowing the customer to deposit and withdraw money and possibly earn interest.
Equal Payments
Installments of the same amount paid or received over a specified period for loans, mortgages, or annuities.
Present Value
Today's monetary value of a sum to be received in the future or of future cash inflows, using a specified rate of return for calculation.
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