Examlex
Statements explaining why your claims are true, along with evidence that backs up those claims are called
Payments
The act of transferring money, or its equivalent, from one party to another as a settlement of an obligation, such as bills, invoices, or loans.
Compounded Monthly
This term refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated on a monthly basis.
Invest
To assign funds with the anticipation of obtaining future gains, like earnings or financial returns.
Saves
In finance, the amount of money that is set aside from income, typically in a savings account or other forms of secure investment.
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