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Loanable Funds
The supply of financial resources available for lending, determined by savings and demand for borrowing.
Future Value
The value of an investment or payment at a specified future date, considering interest or growth rates.
Compound Interest
Compound interest is the addition of interest to the principal sum of a loan or deposit, where interest in one period earns interest in subsequent periods.
Usury Laws
State laws that specify the maximum legal interest rate at which loans can be made.
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