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Perpetual fund
A type of investment fund with no fixed termination date, allowing investors to contribute and withdraw capital indefinitely.
Compounded annually
Interest on a deposit or loan calculated once per year, where each year's interest is added to the principal.
Semi-annual compounded
Interest on an investment is calculated twice a year and added to the principal.
Nominal rate
The stated or face interest rate on a loan or investment, not adjusted for inflation or the frequency of compounding.
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